Dubai Investment Capital
Established in 2004, DIC is an international investment company with offices in Dubai and London focused on both private equity and public equity. A wholly-owned subsidiary of Dubai Holding, DIC manages an international portfolio of diverse assets that provide its stakeholders with value growth, diversification, and strategic investments. Assets under management total over US$13 billion. DIC focuses on three asset classes: DIC Private Equity: invests mainly in secondary buyouts in developed markets where it backs strong existing management teams over a medium to long time horizon. DIC PE has acquired businesses in a range of sectors in Europe and North America including: - UK leisure company Tussauds Group for £800m (later merged with Merlin Entertainment Group to create the world’s second largest visitor attractions; DIC retains a 20% stake) - UK engineering company Doncasters for £700m - US engineering company FastenTech for $492m (later merged Doncasters with Fastentech creating world leader in turbine manufacture) - UK hotel chain Travelodge for £675m, - German industrial packaging manufacturer Mauser for €850m - UK healthcare company Alliance Medical for £600m - German producer of specialty alumina Almatis for US$ 1.2 billion DIC Global Equities: makes structured investments in large-cap, Fortune 500 global equities, that are forecast to deliver above average returns over the long term, either directly or via DIC’s US$1.4 billion Global Strategic Equities Fund (GSEF). DIC Emerging Markets: invests in a range of asset classes in emerging markets. - Equity investments: include significant stakes in the UAE-based luxury retailer Rivoli Group and Singapore-based True Group, a leading provider of wellness services in South East Asia, KEF Holdings a UAE based manufacturer of steel castings and valves, in addition to a US$200 million investment in Oger Telecom, a leading regional telecom conglomerate. - Sector / country-specific investment funds: DIC has established several such as Ishraq, a US$150 million investment company bringing the Holiday Inn Express brand to the Middle East; the US$500 million MENA Infrastructure Fund, which invests in infrastructure projects in the Middle East and North Africa, and Jordan Dubai Capital, a US$300 million investment company that targets private equity opportunities in Jordan and most recently China Dubai Capital, a US$1 billion fund that will target opportunities in China’s growing economy. Among the many accolades, DIC was named MENA Private Equity Firm of the Year in the 6th annual Awards for Excellence in Private Equity Europe 2008, organised by Dow Jones Private Equity News. DIC’s Executive Chairman and CEO, Sameer Al Ansari, is also the recipient of numerous industry awards including the Young Arab Leaders’ Award from His Highness Sheikh Mohammed Bin Rashid Al Maktoum (2005), Special Merit Award for Outstanding Contribution to the Industry for two consecutive years (2007, 2008) by PE World MENA Awards and was ranked as the 11th most powerful Arab in the world by Arabian Business (2008). Information about Dubai International Capital LLC is available at: .Website: http://www.dubaiic.com
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