Gateway Partners Group (“Gateway”), the emerging markets investment manager, and SBI Holdings, the Japanese financial services conglomerate with over $187bn in assets, today announced a strategic partnership that would see SBI Holdings acquire a minority equity position in Gateway, in addition to commitments to invest in future Gateway private equity funds. SBI Holdings will have a seat on the Gateway Holdings Limited Board, as well as observer status on several committees, and will assist in mobilizing commitments from other Japanese investors.
Separately, Dr Roger Ferguson, the renowned economist, former Vice Chair of the Federal Reserve and former President and Chief Executive Officer of TIAA has also secured rights to acquire a minority stake in Gateway and will serve as Co-Chair of Gateway’s Global Advisory Council along with His Excellency Mohammed Ibrahim Al Shaibani, Executive Director and CEO of Investment Corporation of Dubai, the principal investment arm of the government of Dubai