Skycap Investment Management has been soft-launched in the UAE by its founder and chief executive Saikat Kumar.
From its base in Dubai, the firm will offer a wide range of financial products and services.
These include:
- Advisory (including government, M&A and capital raising/restructuring),
- Private equity (fintech and special opportunities),
- Asset and wealth management advisory,
- Credit opportunities funds
- Digital,
- Forensic,
- IT risk management and,
- BPO services.
Kumar, who was most recently partner and senior executive officer at Al Masah Capital, said Skycap “seeks to disrupt the banking and finance industry by providing trusted advice and access to best-in-class investment product and services to support its clients’ goal of wealth preservation and growth”.
Skycap is inteded to be a one-stop-shop for global investors from the Middle East, Africa, India, southeast Asia, the US and the UK.
To his latest venture, Kumar brings over 23 years’ industry experience, having worked at Fullerton Fund Management, ABN Amro, Standard Charterred and ICICI Bank, among others.
Investment opportunities
While Skycap is “a new venture”, Kumar is adamant that his firm has “all the capabilities that can meet all the investment needs of its shareholders in addition to retail, [high net worth/ultra-high net worth], institutional, family office, [sovereign wealth funds] and pension fund investors”.
“Although the market is in for tough times, given the extraordinarily challenging situation happening across the globe, I believe in the half year onwards, the market will offer investors excellent opportunities to invest in good quality blue chip stocks across the world at cheap valuation and prices.
“With interest rates at all time low, stocks would offer best upside,” he said.
