Seviora Group, an asset management firm based in Asia, has opened its first office in the Middle East, located in the Abu Dhabi Global Market (ADGM).
The new office complements Seviora’s existing locations in Singapore, India, China, and Indonesia.
This move aims to bolster the company’s presence in Asia and beyond, providing bespoke investment opportunities to sovereign wealth funds, pension funds, global banks, and family offices.
Seviora’s investment capabilities span private credit, private equity, liquid and semi-liquid strategies, traditional active, and liquidity management solutions.
Seviora, which is owned by Temasek with $54bn of assets under management, positions itself as a “gateway” to Asia’s investment opportunities.
It aims to deepen access to dynamic markets while delivering unique investment and financing solutions across public and private sectors.
The firm boasts over 210 multi-disciplinary investment professionals across five asset management companies.
Seviora Group CEO Jimmy Phoon said: “As we continue to scale up Seviora’s presence, we’re embarking on several partnerships to drive interest into Asia and beyond. The opening of our new office in Abu Dhabi marks a major step in our international expansion and highlights the strategic importance of the Middle East in our growth plans.
“This move paves the way for further successful partnerships with local investors to meet their rapidly evolving needs. By investing its own capital alongside its clients, Seviora is fully aligned with clients on investment outcomes.”
Leading the Middle East operations is Sadiq Hussain, appointed as the senior executive officer for the Abu Dhabi office.
With experience in global asset management and investment banking, Hussain brings expertise in capital markets and regional investment strategies.
His network within the Middle East is expected to drive Seviora’s growth and engagement in the region.
Under Hussain’s leadership, Seviora aims to strengthen its partnerships with key investors and stakeholders, contributing to the region’s financial ecosystem.
Hussain said: “Seviora’s expansion into Abu Dhabi is a critical component in its growth trajectory and engagement with the region.
“ADGM offers a world-class environment that fosters innovation, investment and financial services pedigree, and long-term value creation. I look forward to driving our regional strategy and deepening our engagement with institutional investors.”
