United States
Istithmar invests $100 million in HM Rivergroup PLC
Istithmar PJSC, announced today an investment of $100 million in HM Rivergroup PLC in the form of preferred stock. HM Rivergroup PLC acquired two US educational publishers, namely, Houghton Mifflin Holding Company, Inc. and Riverdeep Holdings, Limited in December 2006, changing its name accordingly to Houghton Mifflin Riverdeep Group PLC. Houghton Mifflin Holding Company,... »
Dubai World senior executives welcome Wharton experience
Thirty-five senior corporate executives from the Dubai World Group have wrapped up a three-week tailor-made leadership and management program at the prestigious Wharton School of the University of Pennsylvania in the US, as part of the ambitious Dubai Leaders Program. October 18 – 2006 The program, which will run in several phases and conclude... »
Istithmar acquires W Hotel Union Square in New York for US$285 million
Reinforcing its portfolio of high-profile assets in the hospitality sector across the globe, Dubai’s leading alternative investment house, Istithmar, announced today the acquisition of the landmark W Hotel Union Square – a luxury hotel in Manhattan, New York – valued at US$285 million. The purchase of W Hotel Union Square is in line with... »
Istithmar announces an investment of US$100 million in Perella Weinberg Partners
Istithmar PJSC, a major international investment house based in the UAE, is pleased to announce an investment of $100 million in Perella Weinberg Partners and its investment management business, the new financial services firm headed by Mr. Joseph Perella, the renowned investment banker. corporate advisory and investment management services to clients around the world.... »
Isththmar completes acquisition of 280 Park Avenue
Istithmar PJSC, a major investment house based in the UAE, has completed the acquisition of 280 Park Avenue. This follows Istithmar’s acquisition of 230 Park Avenue in November last year. The New York City trophy property was purchased from Boston Properties (NYSE:BXP), a real estate investment trust, for approximately $ 1.2 billion. Located on... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum