Doha Bank, a leading commercial bank in Qatar, and Carlyle have signed a Memorandum of Understanding (MoU) to provide investors in Qatar access to Carlyle’s evergreen private markets solutions.
Under the agreement, Doha Bank and Carlyle will leverage their strengths across domestic and global networks to drive growth.
Carlyle, a premier global investment firm, oversees $435 billion in assets under management across three business segments. Carlyle’s Global Private Equity business is one of the world’s top and most diversified private equity platforms, spanning industries, geographies, and strategies to deliver transformational results for its partners.
The platform manages $164 billion in assets, with more than 285 active portfolio companies. The firm’s Global Credit platform manages $190 billion in assets across the credit spectrum, providing creative solutions and scale to their c.1,000 borrower relationships.
With more than US$80 billion in assets under management, Carlyle’s Global Investment Solutions business, known as ‘AlpInvest’, offers investors access to secondary, co-investment, and primary opportunities.
Sheikh Abdulrahman bin Fahad bin Faisal Al-Thani CEO – Doha Bank Group
“We are thrilled to announce our strategic partnership with Carlyle, a global leader in investment management. This collaboration marks a significant milestone for Doha Bank as we continue to innovate and expand our offerings to meet the evolving needs of our clients in Qatar. By leveraging Carlyle’s extensive expertise and diverse investment platforms, we are poised to provide our clients with unparalleled access to private market solutions. This partnership underscores our commitment to delivering sustainable, long-term value and contributing to the financial well-being of our clients and the communities we serve.”
Through this partnership, both sides aim to provide a premier one-stop destination for Carlyle’s private market solutions, distribution, marketing, and product management, spanning a full suite of investment vehicles to a wider client base, including individual investors wishing to diversify their portfolios into asset classes traditionally reserved for institutional investors.
Additionally, the partnership will see Carlyle provide Doha Bank’s clients with an exclusive product for investors in Qatar.
Doha Bank, established in 1979, offers a diverse array of financial products and services through 16 domestic branches, serving a client base of c. 340,000 active customers. Rated A / Baa1 (by Fitch/Moody’s) and listed on the Qatar Stock Exchange, Doha Bank has a global footprint in 12 countries across 3 continents and has a robust shareholding structure with State of Qatar ownership of 23.68 percent.
