The FIM-IBC MENA Real Estate Opportunities Fund (FIM-IBC) was formed through a partnership between Frontier Investment Management Partners Ltd. (FIM Partners), and Investbridge Capital (IBC).
The FIM-IBC Fund deploys capital through structured debt and equity arrangements in real estate investments within the Middle East and North Africa (MENA). Its primary interests are in the residential, retail, hospitality, and office classes and include three transaction types: completion funding, development funding, and build to suit.
IBC is an independent alternative investment management and advisory firm with growth market coverage. The firm has US$529 million of assets under management in operating and developing real estate projects. FIM Partners, a FIM Group company, is based in Dubai and has approximately US$1.5 billion of assets under management through public fund vehicles. The FIM Group is a global alternative asset manager founded in 2002. It manages over US$5.6 billion of equity across three business areas: hedge and long-only funds, private equity, and real estate.
Crescent Enterprises monitors the performance of all invested funds and takes a keen interest in the strategic rationale employed by the FIM-IBC MENA Real Estate Opportunities Fund.