Subsidiary (International investment arm) | |
Industry | Diversified Investments |
Founded | October 2004 |
Founder | Sheikh Mohammed bin Rashid Al Maktoum |
Headquarters | Dubai, United Arab Emirates |
Key people
|
David Smoot (CEO) |
Website | www.dubaiic.com |
Dubai International Capital (DIC) is the international investment arm of Dubai Holding, a global conglomerate and sovereign wealth fund of the government of Dubai and its ruling family and has been over-leveraged to the point whereby the company is not able to service its interest payments in a normal fashion. DIC invests private funds on behalf of Dubai Holding and several large third-party investors around the world with a mandate to build a portfolio of internationally diversified assets.
DIC, which was founded in 2004, invests in and private equity through three divisions:
DIC's investments across its divisions include:
Private Equity:
Emerging Markets:
Public Equities:
On a number of occasions, DIC tried to buy into Liverpool F.C., in part because DIC chief Sameer al-Ansari is an LFC fan and season ticket holder: