Wafra Investment Advisory Group and Greenstone Equity Partners have forged a strategic alliance to introduce Wafra’s institutional investment platform to GCC-based investors.
The partnership was formalized in June, post an executive management meeting at Wafra’s New York offices in April.
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Under the deal, Greenstone Equity Partners, a Dubai-based fund placement firm focusing on alternative asset classes, will assist Wafra’s interests in the region through coverage of sovereign wealth funds, institutional investors and family offices.
"We are excited to partner with the leading independent placement firm in the GCC," said Peter Petrillo, executive vice president of Wafra.
"Greenstone has developed an impressive team of professionals with the market knowledge and relationships to be successful with Wafra’s full suite of investment strategies. We look forward to a prosperous long-term relationship."
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