Doha Bank to Partner with Blackstone in providing Private Capital strategies to Investors in Qatar
Doha Bank announced that it is exploring opportunities with Blackstone to provide investors in Qatar with access to Blackstone’s suite of institutional-quality perpetual strategies for qualified investors across Private Equity, Real Estate, Private Credit, Multi-asset Credit, and Infrastructure. Blackstone is the world’s largest alternative asset management firm with nearly $1.2 trillion in assets under management, and a successful track record of nearly 40 years investing in private markets.
The collaboration would create a premier one-stop destination for clients of Doha Bank for private markets solutions provided by Blackstone. This would also enable the clients of Doha Bank to further diversify their portfolio and gain exposure to institutional-quality investment opportunities.
Furthermore, the collaboration would represent a significant advancement in the accessibility of private markets investing for investors in Qatar. By combining Blackstone’s expertise in private markets with Doha Bank’s strong market presence and distribution capabilities, the firms aim to deliver superior investment solutions that cater to the needs of the investors in Qatar.
Doha Bank Group CEO, Sheikh Abdulrahman bin Fahad bin Faisal Al-Thani said: “This initiative with Blackstone, the global leader in private markets, is a significant milestone for Doha Bank as we continue to innovate and expand our offerings to meet the evolving needs of our clients. By leveraging Blackstone’s extensive global expertise and diverse investment platforms, we are poised to provide our clients with unparalleled access to private market solutions, underscoring our broader commitment to contribute to the financial well-being of our clients and the communities we serve.”
Rashmi Madan, Head of EMEA for Blackstone Private Wealth, commented: “We are pleased to explore a partnership with Doha Bank to bring private markets investing to investors in Qatar. This work builds on our mission to give access to institutional-quality investing to individual investors. We view Doha Bank’s client offerings as industry-leading and, paired with Blackstone’s experience and expertise in private markets, we believe we can create attractive opportunities that can complement and enhance investor portfolios.”
About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s nearly $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.
Blackstone Private Wealth was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world’s largest private banks and wealth management firms as well as family offices, Blackstone’s Private Wealth team packages and delivers the full breadth of Blackstone’s alternative product capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives.
Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
About Doha Bank
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%.