PRESSR: HarperVest Partners expands its global presence with the opening of a new office in the Middle East and appoints Reza Zobdi as head of the firm's branch in the region.
With the opening of the new office, the company will expand its regional relationships, which span more than 40 years, with the aim of providing private market solutions to sovereign wealth funds, pension funds, family offices, and private banks.
London : HarperVest Partners, a leading global asset manager specializing in independent private markets with an asset portfolio exceeding $147 billion (as of March 31, 2025), today announced the opening of its new office in Abu Dhabi Global Market (ADGM) , the international financial center of the United Arab Emirates capital . This move underscores the firm’s long-term commitment to the Middle East region and its focus on supporting its institutional and high-net-worth clients in the region.
In addition, Reza Zobdi has been appointed President of HarperVest Partners Middle East, where he will lead the firm’s new office. Zobdi joins the firm from King Street, where he served as Managing Director and Head of the Middle East branch. Prior to that, he held senior positions at BlackRock, including Head of Institutional Sales and Wealth Sales for the GCC region. In his new role, Zobdi will oversee investor relations and ensure that clients across the region are provided with HarperVest Partners’ comprehensive suite of private markets solutions.
As Harbourfest Partners continues its relentless efforts to expand its regional presence, the company anticipates making further strategic appointments to support its growing client base and solidify its local engagement.
The new office will be located in Al Maryah Tower at Abu Dhabi Global Market, marking the company's sixth office in the Europe, Middle East, and Africa (EMEA) region and its fifteenth worldwide. The company has been active in the Middle East for over 40 years, managing capital for a diverse range of investors, including sovereign wealth funds, pension funds, family offices, and private banks .
Commenting on the opening of the office, David Atterbury, Managing Director and Head of Europe, Middle East and Africa at HarperVest Partners, said: “Opening a permanent office in Abu Dhabi, a leading financial center in the Middle East, reflects our deep commitment to this region as a dynamic and growing market for private capital. Our new office will undoubtedly enable us to strengthen our close ties with the region and better serve our clients and partners within and beyond the Gulf region.”
Arvind Ramamurthy, Chief Markets Development Officer at Abu Dhabi Global Market, said: “We are delighted to welcome Harpervest Partners to our thriving financial ecosystem. With decades of experience in global private markets, the firm will bring valuable capabilities to regional investors, further enhancing the UAE’s position as a leading asset and wealth management destination and supporting broader economic diversification and development initiatives. We at Abu Dhabi Global Market look forward to the firm’s long-term success as an active member of our vibrant community.”
For his part, Reza Zobdi, Managing Director and Head of HarperVest Partners in the Middle East, said: “The Middle East region is witnessing a strong and growing demand for high-quality strategic solutions in the field of alternative investments. Accordingly, I am pleased to join HarperVest Partners to lead the firm’s efforts from its Abu Dhabi office in its endeavors to provide clients in the region with its integrated suite of private equity, debt, real estate and infrastructure solutions, in addition to solutions tailored for separately managed accounts .”
The company's Abu Dhabi office will operate under the name "HarperVest Partners GCC Limited". It is worth noting that the Financial Services Regulatory Authority (FSRA) has granted the company a Category 4 license to conduct regulated activities within or through Abu Dhabi Global Market (ADGM).
Please note that this announcement is intended exclusively for "professional clients" as defined by the Financial Services Regulatory Authority (FSA) regulations. Past performance is not indicative of future results, and this announcement is not an offer or solicitation to invest .
About Harperfest
Harbourfest is a leading global private markets investment firm with over 40 years of experience and over $147 billion in assets under management as of March 31, 2025. The firm operates independently and offers a full suite of strategic solutions covering primary funds, secondary investments, mutual funds, real estate, infrastructure, and private debt.
The firm collaborates with institutional investors and high-profile wealth brokers, while also working closely with general partners to provide capital solutions and strategic support. The firm's Quantitative Investment Science (QIS) team enhances decision-making through advanced analytics, including proprietary cash flow forecasting tools and general partner performance metrics .
For more information about Harbourvest, please visit the website : https://www.harbourvest.com/
-I finish-
#Company Data
Disclaimer regarding the content of press releases
The content of this press release is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an "as is" and "as available" basis and is not edited in any way. Neither we, nor our affiliates, will be liable for the accuracy, endorsement, or completeness of any opinions, views, information, or materials contained in this content.
This press release is provided for informational purposes only; the content does not constitute legal, investment, or tax advice, nor does it offer any opinion on the suitability, value, or profitability of any particular portfolio or investment strategy. Neither we nor our affiliates will be liable for any errors or inaccuracies in the content, or for any actions you take based on that content. You expressly agree and acknowledge full responsibility for your use of the information contained in this press release.
To the extent permitted by applicable law, Refinitiv, its parent company, subsidiaries, affiliates, relevant shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the 'Refinitiv Parties') shall not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to, losses of profits, savings, or revenues, whether due to negligence, tort, contract, or other theories of liability, even if the parties to Refinitiv were advised of the possibility of any such damages or losses occurring or actually anticipated them.
