Doha Bank and Carlyle Partner to Provide Private Capital Strategies to Investors in Qatar
Doha Bank and Carlyle today announced the signing of a memorandum of understanding (MoU) for a strategic partnership that would see them collaborate to provide investors in Qatar access to Carlyle’s evergreen private markets solutions.
Through this strategic partnership, Doha Bank and Carlyle will draw on their respective strengths across their domestic and global networks.
Carlyle is a leading global investment firm overseeing US$435 billion in Assets Under Management across three business segments.
Carlyle’s Global Private Equity business is one of the world’s largest and most diversified private equity platforms, spanning industries, geographies, and strategies to deliver transformational results for its partners. The platform manages $164 billion in assets, with over 285 active portfolio companies.
The firm’s Global Credit platform manages US$190 billion in assets across the credit spectrum, providing creative solutions and scale to their c.1,000 borrower relationships.
With more than US$80 billion in assets under management, Carlyle’s Global Investment Solutions business – known as AlpInvest – provides investors access to secondary, co-investment, and primary opportunities.
Through this strategic partnership, Carlyle and Doha Bank will seek to provide a premier one-stop destination for Carlyle’s private market solutions, distribution, marketing, and product management, spanning a full suite of investment vehicles to a wider client base, including individual investors wishing to diversify their portfolios into asset classes traditionally reserved for institutional investors. The partnership will also see Carlyle provide Doha Bank’s clients with an exclusive product for investors in Qatar.
Inaugurated in 1979 and celebrating 45 years of excellence, Doha Bank is Qatar’s leading financial group offering a broad range of financial products and services through 16 domestic branches serving a client base of c. 340,000 active customers.
Rated A / Baa1 (by Fitch/Moody’s) and listed on the Qatar Stock Exchange, Doha Bank has a global footprint in 12 countries across 3 continents and has a strong shareholding structure with State of Qatar ownership of 23.68%.
Doha Bank Group CEO, Sheikh Abdulrahman bin Fahad bin Faisal Al-Thani said, “We are thrilled to announce our strategic partnership with Carlyle, a global leader in investment management. This collaboration marks a significant milestone for Doha Bank as we continue to innovate and expand our offerings to meet the evolving needs of our clients in Qatar. By leveraging Carlyle’s extensive expertise and diverse investment platforms, we are poised to provide our clients with unparalleled access to private market solutions. This partnership underscores our commitment to delivering sustainable, long-term value and contributing to the financial well-being of our clients and the communities we serve.”