Duet-IBC Real Estate Opportunities Fund
What we do
Gate Village 6,
Dubai International Financial Centre,
United Arab Emirates
+971 (0) 4 424 9555
+971 (0) 4 424 9500
The Duet-IBC MENA Real Estate Opportunities Fund (Duet-IBC) was formed through a partnership between the Duet Group – Frontier Investment Management Partners Ltd. (FIM Partners), and Investbridge Capital (IBC). It is the first real estate credit fund focused on the MENA region since the financial crisis of 2008.
The Duet-IBC Fund deploys capital through structured debt and equity arrangements in real estate investments within the Middle East and North Africa (MENA). Its primary interests are in the residential, retail, hospitality, and office classes and include three transaction types: completion funding, development funding, and build to suit.
IBC is an investment firm that provides corporate advisory and asset management services to principals and private clients in the MENA region. The firm has US$529 million of assets under management in operating and developing real estate projects. FIM Partners, a Duet Group company, is based in Dubai and has approximately US$1.5 billion of assets under management through public fund vehicles. The Duet Group is a global alternative asset manager founded in 2002. It manages over US$5.6 billion of equity across three business areas: hedge and long-only funds, private equity, and real estate.
Crescent Enterprises monitors the performance of all invested funds and takes a keen interest in the strategic rationale employed by the Duet-IBC MENA Real Estate Opportunities Fund.