Arcapita completes over $250m in new deals during FY 2019

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Abdul Aziz Hamad Aljomaih, chairman of the Arcapita Group.
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Atif A. Abdulmalik, founding partner and CEO.
Updated 09 October 2019

Arcapita completes over $250m in new deals during FY 2019

Arcapita, a global Shariah-compliant investment firm, has announced its financial results for the 12 months ended June 30, 2019 (FY 2019).

Arcapita delivered strong results in FY 2019 with revenues of $54.6 million and a net income of $21.9 million, representing 44 percent and 76 percent growth over the previous fiscal year, respectively. This positive performance was driven by the placement of transactions completed during the year and gains on the firm’s investment portfolio.

Arcapita’s total equity as of June 30 grew to $237.9 million, representing an 8 percent increase year-on-year, and the firm’s balance sheet investments grew by 16 percent to reach $245.5 million.

The firm was primarily focused on sourcing transactions in the US during FY 2019 given its strategy of growing its assets under management (AUM) globally, and increased investor appetite for US investments. Overall, Arcapita completed four US transactions and one transaction in the GCC, for a total transaction value of over $250 million. These included two industrial real estate portfolios in the US, an industrial real estate portfolio in the UAE, and two bolt-on private equity investments in the US.

Abdul Aziz Hamad Aljomaih, chairman of the Arcapita Group, said: “We are very pleased to report our positive results for FY 2019. The GCC’s investment landscape was impacted by a challenging macroeconomic environment that carried through from last year. Despite this, we have continued to source transactions in sectors where we have built considerable expertise over the past two decades, including the industrial, logistics, and business services sectors.”

Atif A. Abdulmalik, founding partner and CEO, said: “Over the past year, we expanded our US and GCC investment teams and strengthened other divisions in order to facilitate our growth. This will enable us to continue to solidify our global presence amidst an evolving global economic landscape. We have set ambitious targets for the upcoming fiscal year and are well-positioned to continue providing innovative investment opportunities and delivering strong returns to our stakeholders.”


Four Seasons offers unique travel experiences

Updated 17 February 2020

Four Seasons offers unique travel experiences

Four Seasons Hotels and Resorts is inviting travelers to explore a collection of original activities and excursions available exclusively from the luxury hospitality company. 

“We’ve always believed in the power of one-of-a-kind experiences and the need to innovate for discerning travelers across generations. We know that Four Seasons guests have a desire for meaningful connections with loved ones, new places and cultures, and this ever-evolving offering of authentic Four Seasons experiences provides that special opportunity,” said Christian Clerc, president, global operations, Four Seasons Hotels and Resorts. 

These experiences range from bespoke tours of otherwise inaccessible locations to opportunities to meet and learn from local artists and artisans, once-in-a-lifetime journeys and unique ways to see the world’s greatest wonders. Four Seasons works closely with local partners to craft and curate authentic journeys for adventurous travelers. Some of these adventures include:

• Journey to the Edge of the World (Four Seasons Hotel Riyadh) — Beyond glittering Riyadh, the Arabian desert holds centuries of legends — Bedouin tales of flowing rivers and ancient cities buried beneath the sands — and now guests can enjoy VIP access to the desert’s magnificent natural wonder, the Edge of the World.

• Discover the rare wonders of Costa Rica (Four Seasons Resort Costa Rica at Peninsula Papagayo) — Accompany environmental scientists on land and sea adventures, lending hands-on-help toward their efforts to study and protect endangered wildlife in micro-climates.

• Float over Florence and Tuscany (Four Seasons Hotel Firenze) — Wander through the hotel’s expansive private gardens, with statues and fountains, then lift off in a private hot-air balloon from the gardens — the only balloon launching point in central Florence. 

• A night with the stars (Beverly Wilshire, A Four Seasons Hotel) — With sweeping views of the Hollywood Hills and added sparkle from the night sky, this urban “glamping” experience is anything but typical.

• Discover the colors of Morocco at Yves Saint Laurent’s private home (Four Seasons Resort Marrakech) — Visit the legendary designer’s private home to see how Marrakech influenced his life and work — and then sit down to a dinner inspired by his Moroccan motifs.

• Experience the world’s first three-person DeepFlight adventure (Four Seasons Resort Maldives at Landaa Giraavaru) — Glide through massive shoals of colorful fish, above coral formations, and alongside dolphins, turtles, sharks and rays in the world’s first DeepFlight Super Falcon 3S, a three-person submarine.

• Discover Bali’s natural beauty and way of life (Four Seasons Resort Bali at Sayan) — Delve deeper into Bali’s serene beauty and tradition by spending a day in the life of a local farmer.