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Global private-markets firm EQT announced a Middle East platform and an office at Abu Dhabi Global Market. The company reported US$389 billion in assets under management.
The office is intended to support on-the-ground work with investors, companies and partners across the Gulf. Jimmy Mahtani was appointed chair of GCC, while Smiyet Belrhiti will lead EQT’s Middle East office.
EQT described Abu Dhabi as the first location in a broader regional platform. The announcement did not specify a new investment or transaction.
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The partnership proposes four additional capabilities alongside existing remittance services.
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The utility plans automated payment identification and reconciliation under the agreement.
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The bank reports 27% annual growth in after-tax profit for January–September 2026.
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