
Gulf Baader Capital Markets SAOC
Gulf Baader Capital Markets (GBCM) is promoted by Gulf Investment Services Holding Company (GIS) SAOG and Baader Bank AG of Germany (Baader Bank).
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Acquisition | ||
Total Funding | 000k |
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Established in 2008, Gulf Baader Capital Markets SAOC (GBCM) was an investment services and banking company headquartered in Muscat, Oman. The firm operated as a subsidiary of Gulf Investment Services Holding Company SAOG. GBCM provided a comprehensive suite of financial services, catering to a diverse client base that included sovereign institutions, pension funds, family offices, private sector entities, and high-net-worth individuals.
The company's operations were structured around several key business segments. Its asset management division offered fund management, portfolio management with a focus on Indian stocks, and portfolio advisory services. In brokerage, GBCM served both foreign and domestic clients, including institutional investors in emerging markets. The corporate finance arm provided advisory services, managed and underwrote issues, and handled private placements of equity and debt. Additionally, the firm offered a variety of investment products such as capital guaranteed products, hedge funds, and private equity funds.
A significant milestone in GBCM's history was the acquisition of Bank Muscat's brokerage business in December 2014, a move that bolstered its market position. In January 2020, GBCM formed a strategic alliance with the ASK Group, a prominent asset manager in India, to offer Indian equity opportunities to Omani investors. However, the company's trajectory shifted in 2020 when Ubhar Capital SAOC (U Capital) entered into a definitive agreement to acquire 100% of GBCM from Gulf Investment Services Holding Company and two other shareholders. The acquisition, valued at OMR 2.1 million, was completed on June 15, 2020, after receiving regulatory approvals. Following the acquisition, GBCM was merged with U Capital, and the combined entity now operates under the name Ubhar Capital SAOC.
Keywords: investment banking Oman, asset management, corporate finance, equity research, brokerage services, portfolio management, private equity, debt syndication, Ubhar Capital acquisition, Gulf Investment Services, Omani financial services, Muscat Securities Market, capital markets, investment advisory, fund management, wealth management, issue management, Bank Muscat brokerage, ASK Group alliance, financial services merger