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Private Equity

Co-investments and directs reshape Middle East private equity, but hurdles remain



15 January 2025, Abu Dhabi, UAE: Modern architecture of Mubadala building with blue glass facade.
Image courtesy: Getty Images/ frantic00

Energy-transition and infrastructure platforms backed by PIF, Mubadala, QIA and other GCC investors alongside global GPs continue to account for a large share of sovereign co-investment activity in the Middle East. Image courtesy: Getty Images/ frantic00


In five years, co-investment and direct investing will together outraise primary private equity fundraising, according to Houlihan Lokey

The Middle East has largely overtaken the rest of Asia in adoption of systematic co-investment and direct investment programmes, driven largely by regional sovereign wealth funds, according to Houlihan Lokey.

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2026



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