#Dubai #UAE #InCred Group #Arrow Capital

InCred Group Expands Its Global Presence with Arrow Capital Acquisition in Dubai

In an ambitious move to enhance its influence in the Middle East, InCred Group, a prominent diversified financial services company, has completed the acquisition of Arrow Capital (DIFC) Limited, a distinguished boutique firm based in Dubai. This strategic initiative marks a significant step for InCred Group in its quest for global expansion, particularly within wealth management and investment banking sectors.

Founded in 2016, Arrow Capital is regulated by the Dubai Financial Services Authority (DFSA) and has earned a reputation as a preferred financial advisor for ultra-high-net-worth individuals and corporate entities around the world. This acquisition aligns seamlessly with InCred’s vision to deliver complete financial solutions to its clients, extending its resources and capabilities in this vibrant market.

Following this acquisition, InCred Global Wealth, which operates from Dubai, Singapore, and London, will see its managed assets exceed USD 2 billion. Such growth is remarkable, especially considering that InCred commenced operations just over three years ago. This milestone reflects the firm’s accelerated trajectory in providing personalized financial solutions to its esteemed clientele.

Bhupinder Singh, Founder and CEO of InCred Group, commented on the acquisition, stating, "This transaction is a pivotal milestone in InCred’s progression as we aim to become a leader in diversified financial services. The expertise of Arrow Capital in the Middle Eastern and African markets, exemplified through its solid client relationships and broad service spectrum, significantly amplifies our capacity to cater to our clients’ sophisticated requirements."

Adding to this sentiment, Rohit Nanani, the Founder and CEO of Arrow Capital, expressed enthusiasm about the merger. He mentioned, "Combining our strengths with InCred presents a remarkable opportunity to enhance our service offerings and deliver added value to our clients. The innovative outlook of InCred coupled with Arrow Capital’s extensive experience will foster growth and fortify our market presence."

Echoing these thoughts, Srikantan Selvamani, CEO of InCred Global Wealth Pte. Ltd. in Singapore, emphasized the strategic nature of the Middle Eastern market, which is among the fastest-growing wealth landscapes worldwide. He further highlighted that having Rohit lead their initiatives in this region will enable InCred to expand into new markets effectively, attract fresh talent, and enhance their operational platform.

The integration of Arrow Capital within InCred's operational framework is set to strengthen the firm’s international stature in Dubai while complementing its existing establishments in Singapore and London. This substantial acquisition is anticipated to accelerate InCred’s growth across various business lines and is a testament to the firm’s commitment to nurturing enduring relationships with clients while providing robust financial guidance.

In conclusion, the acquisition of Arrow Capital not only signifies a major development for InCred Group but also emphasizes the company’s commitment to comprehensively addressing the complex financial needs of clients in the Middle East and Africa. It positions InCred as a formidable player in the financial services industry, following a relentless pursuit of excellence, innovative solutions, and client satisfaction, setting the stage for future success in a dynamic economic environment.