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Winter Capital Partners obtains regulatory In Principle Approval to operate in UAE’s financial sector

Winter Capital Partners Investment Funds is pleased to announce that it has been granted an In-Principle Approval for a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (the FSRA) to carry out Regulated Activities in the Abu Dhabi Global Market (ADGM).

Anton Farlenkov, Managing Director at Winter Capital Partners, commented: “We are delighted to be granted ADGM In-Principle Approval for managing a collective investment fund, arranging deals in investments and advising on investments or credit. This milestone paves the way for the firm to strategically expand its client coverage, allowing it to raise funds and advise on investments in the region. We are looking forward to joining the established MENA investment community and exploring emerging opportunities, using the expertise we have gained over years of identifying and nurturing fast-growing businesses globally”.

Arvind Ramamurthy, Chief of Markets at ADGM: “We are excited that Winter Capital has been granted an In-Principle Approval by the ADGM and are looking forward to supporting them as they join the investment circle of Abu Dhabi, the capital of the UAE. ADGM is a leading jurisdiction of financial services in the MENA region and Winter Capital’s participation will be a great addition to its vibrant and trusted ecosystem”.

About Winter Capital Partners Investment Funds:
Winter Capital is a global growth equity investment firm founded in 2015 by Goldman Sachs EM senior alumni. With US$1.4bn under management across three funds, Winter Capital focuses on growth equity investments in consumer industries going through technology-enabled change. The funds invest globally in fast-growing tech companies in four select verticals: financial, healthcare, education, and consumer services.

About ADGM:
Abu Dhabi Global Market (ADGM), an international financial centre (IFC) located in the capital city of the United Arab Emirates, opened for business on 21 October 2015. Established by a UAE Federal Decree as a broad-based financial centre, ADGM augments Abu Dhabi’s position as a global trade and business hub serving as a strategic link between the growing economies of the Middle East, Africa and South Asia and the rest of the world.
It enables registered financial and non-financial institutions, companies and entities to operate, innovate and succeed within an international regulatory framework based on common law. Since its inception, ADGM has been awarded the “Financial Centre of the Year (MENA)” for four consecutive years for its initiatives and contributions to the financial and capital markets industry in the region.*