Samena Capital marks fifth anniversary, gathers partnership group at new office launch in Dubai
Press Release 22 Apr 2013 08:22 amSamena Capital, the principal investment group focused on investments across multiple asset classes in the Subcontinent, Asia, Middle East & North Africa, today announces the official opening of its DFSA-regulated office in Dubai to coincide with fifth anniversary celebrations for the firm. The bespoke-designed office is located in the prestigious Dubai International Financial Centre.
Commenting on the office opening, V-Nee YEH, Chairman of Samena Capital said, “Over the last five years we have built a significant investment institution at Samena Capital. Through challenging markets we have consistently delivered strong returns to our investors by combining the investment acumen of the team with the differentiated market access and business networks of our strategic shareholders and partners in the SAMENA markets.”
“A characteristic of the firm’s success has been our ability to match capital in one region with an opportunity in another, while also driving value-accretive change at our portfolio companies by introducing them to new customers, markets and technologies. It is logical as we reach our fifth anniversary that we establish a permanent presence in Dubai, one of the world’s most important financial centres at the heart of one of Samena Capital’s key regions, the Middle East,” continued Mr YEH.
His Highness Sheikh Nahyan bin Mubarak Al Nahyan, the United Arab Emirates Minister of Culture, Youth and Community Development said on inaugurating the new office, "As Samena Capital celebrates five successful years of operation, I'm delighted that the firm will now have a presence in the United Arab Emirates with the opening of its new offices in Dubai. Samena Capital has a unique ability to bring some of the world's leading entrepreneurs and thought leaders together to find new ways to collaborate and it is fitting that they now have a base in our country which stands at the nexus of trade and investment flows between the SAMENA markets."
Jeffrey H. Singer, CEO of DIFC Authority said, "DIFC is the ideal platform for Samena Capital to expand its extensive global network, and we are pleased to welcome the firm to the Centre. DIFC’s community will benefit from the expertise and unique market insight provided by Samena Capital, and conversely, Samena Capital will benefit from the world-class infrastructure, regulatory and legislative frameworks that the Centre has to offer."
The launch of the Dubai office coincides with a celebration of Samena Capital’s fifth anniversary, which brings the firm’s prestigious shareholders and partners together to reflect on the evolution of the company and the considerable investment and cooperation opportunities which lie ahead. The group will include distinguished international politicians, entrepreneurs and businessmen such as Hari Bhartia, Pansy Ho, Rana Talwar, William Haseltine and Dominique Strauss-Kahn. Samena Capital’s investors include many of the most prominent business figures in the Middle East.
Samena Capital is uniquely capitalized with equity of US$80 million and manages a range of open and closed-ended fund structures with total capital commitments in excess of US$ 795 million. It was founded in 2008 by experienced asset management professionals along with prominent entrepreneurs who have created significant businesses primarily in the SAMENA region. Samena Capital is a Cayman Islands exempted company which was previously administered from Bahrain. Samena Capital Investments Limited is regulated by the Dubai Financial Services Authority.