Thursday, April 29, 2021

NEW WORLD GROUP - LONDON BASED INVESTMENT FIRM EYES EXPANSION INTO THE GCC

 

 Dubai, United Arab Emirates-Wednesday 28 April 2021 [ AETOS Wire ]


New World Group (NWG), with assets of over USD 2.5 Billion is mapping out its expansion into the GCC and wider region by establishing a strategic hub to complement its offices in London and Kuala Lumpur.


NWG CEO and Co-Founder Adam Sadiq said: “The digital revolution and rapid growth in the Middle East and surrounding markets supports our plans to enter the region. By harnessing our deep networks of expertise, NWG can support clients in these markets to maximise investment and growth opportunities for the long-term.”


Mr. Sadiq added: ”we assess a number of key macro factors including economic growth, public policy, governance, regulation and political stability.  We then align our interests on a principal-to-principal level, whilst taking a forensic approach to assessing and underwriting investment opportunities. We are excited about the prospect of strengthening our presence in the Gulf and working with new partners throughout the region.” Under the NWG umbrella, its three business verticals act as enablers for the group’s thematic investment initiatives and amplify value creation for the firm and its partners.


New World Asset Management (NWAM) is an NWG platform which invests in emerging asset managers. NWAM launched its investment programme in late 2019 with an inaugural investment in The Valesco Group, a UK and European Real Estate Asset Manager which made headlines for its EUR 1.2 Billion acquisition of the Brussels Finance Tower, home to the Belgian Ministry of Finance.


NWG’s Mozaic platform undertakes investments in technology companies with bold visions such as algbra, a global digital bank for the unbanked and underserved – focusing on financial inclusion for a 1.3 Billion target market. The algbra business was recently backed by a group of leading investors including a British Government investment fund.


NWG also houses a Venture investing arm, New World Ventures (NWV), which invests in disruptive companies, taking a sector agnostic approach with a focus on uncorrelated and idiosyncratic transactions.


Lastly, all NWG businesses are advised by its in-house Merchant Banking division New World Capital Advisors (NWCA) which advises its portfolio companies across strategy, operations, corporate finance, mergers and acquisitions and partnerships. NWCA is a signatory of the Principles for Responsible Investment (PRI) initiative which reflects NWG’s commitment to a robust ESG framework within its operating structure and investment thesis.


NWG has a strong presence across the UK & European markets, the Middle East, and Asia – where it sees significant potential for attractive risk-return profiles for yield hungry capital amid today’s low interest rate environment. NWG is using the partnership model to augment its capabilities across these markets. Last month, NWG’s merchant banking division NWCA announced a partnership with Berjaya Corporation Berhad (BCorp) to establish a presence in Malaysia with an office in Kuala Lumpur.


NWCA Malaysia is headed by Lena Tan, a veteran deal maker and investor with over 30 years of experience in the financial services industry across Europe and Asia. Most recently, Lena Tan was the Chairman of 7-Eleven Malaysia and Singer Malaysia. She is currently a Director at 7-Eleven Malaysia Holdings, Razer Fintech Holdings, Berjaya Fintech, Berjaya Retail and Berjaya Credit.


The company will focus on providing advisory services on mergers and acquisitions, strategy, and operations to diversified businesses, corporations and institutional investors in Malaysia and neighbouring countries where NWG has principal interests.


NWG aspires to be the leading investment platform enabling smart and efficient capital allocation into sectors and industries between the developed and emerging markets around the world. The firm seeks to expand into new markets with aligned interests at a principal level and in a sustainable and responsible manner. This is to ensure all-round value creation for the firm, its partners, and the ecosystem of communities within which it conducts business.


About


New World Group (NWG)


The New World Group is a global diversified investment company which builds, acquires, invests, and scales businesses focusing on long-term growth around the world. New World Group adds value to its partners and portfolio companies from deal origination and execution to value realisation.


New World Asset Management (NWAM)


New World Asset Management (NWAM) invests in proven, talented, and scalable asset managers tackling present-day challenges with forward-thinking solutions. NWAM invests across diversified managers with strategies ranging from Private Equity and Hedge Funds to Real Assets and Private Credit.


About Mozaic


Mozaic, a New World Group platform, focuses on acquiring stakes in technology companies seeking to re-invent their industry ecosystems. Mozaic provides smart, efficient, and strategic capital to robust and scalable technology businesses, led by driven and able entrepreneurs.


New World Ventures (NWV)


New World Ventures (NWV) invests in disruptive companies / ventures, taking a sector agnostic approach with a focus on uncorrelated and idiosyncratic transactions. NWV’s Investments demonstrate clear pricing dislocations, high barriers to entry and high double digit return profiles.


New World Capital Advisors Limited (NWCA)


New World Capital Advisors Limited (NWCA) is the merchant banking and advisory division of New World Group and is dedicated to creating tangible value as a fiduciary for New World Group’s shareholder base. NWCA is Authorised and Regulated by the Financial Conduct Authority.


Contacts


Omnia Tarek


o.tarek@saharapr.com



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