According to EqualOcean, recently, Seviora, the asset management group under Temasek, officially established its Middle East regional headquarters in the Abu Dhabi Global Market (ADGM). As an industry leader managing $54 billion in assets, Seviora aims to deepen its global network through this strategic expansion, complementing its existing offices in Singapore, India, China, and Indonesia. The firm will offer customized investment solutions, co-investment opportunities, and strategic partnerships to sovereign wealth funds, pension funds, multinational banks, and family offices worldwide.
Seviora provides innovative investment solutions spanning private credit, private equity, liquid and semi-liquid strategies, and traditional active management tools. Backed by a team of over 210 interdisciplinary investment experts across five asset management companies (AMCs), the group continuously unlocks opportunities in Asia’s most dynamic markets while leveraging differentiated financing and investment strategies to drive value creation in both public and private markets.
Seviora laid the groundwork for this expansion in October 2024 by signing a Memorandum of Understanding (MoU) with Mubadala Capital, a subsidiary of Abu Dhabi’s $302 billion sovereign wealth fund, to explore co-investment and other strategic opportunities.
To reinforce its regional presence, Seviora has appointed senior executive Sadiq Hussain as the Senior Executive Officer for the Middle East office. Hussain brings extensive experience in global asset management and investment banking, with expertise in capital markets, institutional partnerships, and regional investment strategies. His track record in international financial institutions and deep-rooted connections in the Middle East are expected to facilitate Seviora’s engagement with local investors and further enhance the regional financial ecosystem.
“The Middle East expansion marks a significant step in Seviora’s global strategy,” said Jimmy Phoon, CEO of Seviora Group. “We are actively forming partnerships to attract interest from Asia and beyond.”
Arvind Ramamurthy, Chief Market Development Officer of ADGM, commented, “Seviora’s decision to establish its regional headquarters in ADGM reflects Abu Dhabi’s growing international appeal and the continued expansion of its global financial network.”
The launch of Seviora’s Middle East office not only underscores the firm’s confidence in emerging markets but also enhances cross-regional resource integration, enabling global investors to capture synergies between Asia and the Middle East.
Image Source: MIDDLE EAST FREE ZONE
