Finstreet Limited, a subsidiary of IHC Group through Sirius International Holding, has signed a Memorandum of Understanding (MoU) with Ninety One, a global active investment manager with USD 163billion in assets under management (as of 31.12.24). This strategic agreement aims to explore innovative collaborations in the development of structured and exchange-traded products.
This collaboration brings together Finstreet and its regulated subsidiaries based in ADGM with Ninety One’s global expertise and extensive experience in differentiated alternative credit strategies in developed and emerging markets, including private debt and infrastructure. The partnership will focus on creating and trading structured products and private debt instruments on Finstreet Global Markets, addressing growing market demands for sophisticated investment solutions.
This partnership aligns with Finstreet’s vision to redefine financial market access by integrating blockchain technology with traditional financial infrastructure platforms. By combining Ninety One’s global experience with Finstreet’s infrastructure, the collaboration aims to drive growth and innovation in the financial sector, while meeting rising investor demand for private debt instruments.
Sunidhi Pasan, Founder & CEO of Finstreet Limited, commented: "This partnership underscores Finstreet’s commitment to redefining financial market access through strategic collaborations. Ninety One’s global expertise complements our vision of delivering robust investment solutions to institutional and professional investors."
Nicolaas Alberts, Co-Head of the Middle East, Ninety One said: “Through this MoU, Finstreet and Ninety One are laying the cornerstone for a dynamic, long-term partnership that will create enduring value for stakeholders. Furthermore, this collaboration with Finstreet will allow us to develop liquidity for our private debt solutions, including infrastructure debt, while strategically addressing market needs. Moreover, it reflects our shared ambition to deliver innovative investment solutions and products that unlock long-term value for investors.”
Established in South Africa in 1991, Ninety One is an active, global investment manager, with an emerging market heritage, and has distinctive capabilities in differentiated fixed income and credit as well as specialist equities. Their goal is to provide long-term investment returns for their clients while making a positive difference to people and the planet. Recently, the firm announced the final close of its European Credit Opportunity Fund with EUR 150 million of investor commitments and the first close of its Africa Credit Opportunities Fund 3, raising USD 260 million to make private credit investments in market-leading companies and infrastructure entities in Africa and other emerging markets. In November 2024, Ninety One announced a landmark partnership with Sanlam to create one of the largest pan-African asset management platforms.
All these items and activities remain subject to all relevant regulatory approvals.