Dubai International Financial Centre (DIFC) announced that Greenstone, a Middle East fund placement firm, has obtained a Category 4 licence from the Dubai Financial Services Authority (DFSA) to operate from DIFC. The move is positioned to support DIFC-based institutional investors and family offices seeking access to global private equity and other alternative investment funds, within the DFSA’s regulatory framework. Greenstone is headquartered in Dubai and reported that funds it represents have raised more than USD 100 billion across private equity, venture capital, private credit, private real estate, secondaries, hedge funds and infrastructure. The announcement also highlighted Greenstone’s investor network, including more than 1,500 relationships with family offices and ultra-high-net-worth individuals and associations with over 200 institutional investors, and framed the DIFC expansion as strengthening connectivity between global fund managers and DIFC-based capital; DIFC cited its ecosystem size of 85 pure play hedge funds, including 69 in the ‘billion-dollar club’, and more than 440 wealth and asset management firms.

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