Latest news with #ArpitaVinay
Yahoo
3 days ago
- Business
- Yahoo
Spark Capital launches wealth management operations in Dubai's DIFC
India's Spark Capital Private Wealth Management (Spark Capital PWM) has established its operations in the Dubai International Financial Centre (DIFC) through its subsidiary, Spark Global PWM Private Limited. The move positions DIFC as the hub for Spark Capital's Middle East operations. DIFC hosts 420 wealth and asset management firms, including 75 hedge funds, 48 of which are part of the 'billion-dollar club'. Spark Global PWM Private Limited, a CAT4 firm regulated by the Dubai Financial Services Authority, will facilitate access to diverse markets for global investors, offering comprehensive portfolio diversification opportunities. The DIFC office will be staffed by experienced wealth management professionals with extensive knowledge of global markets. The team will utilise Spark Capital's research capabilities and advanced investment strategies to deliver client-focused solutions in the region. Spark Capital PWM Private Limited senior managing director and co-CEO Arpita Vinay said: 'The establishment of our DIFC office represents a significant milestone in Spark Capital PWM's global growth strategy. 'Dubai's strategic location and robust financial infrastructure provide an ideal platform to connect investors across regions with diverse investment opportunities.' Spark Capital PWM stated that it has experienced 'substantial growth' in recent years, increasing its assets under management from around Rs30bn ($360.24m) in April 2023 to Rs300bn ($3.56bn) by May 2025. The firm's workforce has expanded from 60 to over 400 professionals, including more than 130 relationship managers, and it has established a presence in 12 cities across India. Spark Global PWM Private Limited senior executive officer Neeraj Ojha said: 'DIFC offers an exceptional ecosystem for wealth management firms, with its world-class regulatory framework and access to a wide network of financial institutions. 'Through our presence here, we aim to provide professional clients in the Middle East with comprehensive wealth solutions backed by Spark Capital's expertise and innovation in investment management.' "Spark Capital launches wealth management operations in Dubai's DIFC" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
3 days ago
- Business
- Yahoo
Spark Capital launches wealth management operations in Dubai's DIFC
India's Spark Capital Private Wealth Management (Spark Capital PWM) has established its operations in the Dubai International Financial Centre (DIFC) through its subsidiary, Spark Global PWM Private Limited. The move positions DIFC as the hub for Spark Capital's Middle East operations. DIFC hosts 420 wealth and asset management firms, including 75 hedge funds, 48 of which are part of the 'billion-dollar club'. Spark Global PWM Private Limited, a CAT4 firm regulated by the Dubai Financial Services Authority, will facilitate access to diverse markets for global investors, offering comprehensive portfolio diversification opportunities. The DIFC office will be staffed by experienced wealth management professionals with extensive knowledge of global markets. The team will utilise Spark Capital's research capabilities and advanced investment strategies to deliver client-focused solutions in the region. Spark Capital PWM Private Limited senior managing director and co-CEO Arpita Vinay said: 'The establishment of our DIFC office represents a significant milestone in Spark Capital PWM's global growth strategy. 'Dubai's strategic location and robust financial infrastructure provide an ideal platform to connect investors across regions with diverse investment opportunities.' Spark Capital PWM stated that it has experienced 'substantial growth' in recent years, increasing its assets under management from around Rs30bn ($360.24m) in April 2023 to Rs300bn ($3.56bn) by May 2025. The firm's workforce has expanded from 60 to over 400 professionals, including more than 130 relationship managers, and it has established a presence in 12 cities across India. Spark Global PWM Private Limited senior executive officer Neeraj Ojha said: 'DIFC offers an exceptional ecosystem for wealth management firms, with its world-class regulatory framework and access to a wide network of financial institutions. 'Through our presence here, we aim to provide professional clients in the Middle East with comprehensive wealth solutions backed by Spark Capital's expertise and innovation in investment management.' "Spark Capital launches wealth management operations in Dubai's DIFC" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Trade Arabia
3 days ago
- Business
- Trade Arabia
Spark Capital PWM launches operations in DIFC
Spark Capital Private Wealth Management (Spark Capital PWM) has announced the launch of its operations in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region through Spark Global PWM Private Limited. This strategic expansion will enable global investors to access diverse markets with ease while offering its clients comprehensive portfolio diversification opportunities. The move reinforces Spark Capital's commitment to delivering sophisticated, bespoke wealth management solutions on an international scale, the company said. Spark Capital PWM has significantly focused on growth and expansion in recent years. Its AUM & AUA has grown nearly 10x —from $360.24 million in April 2023 to $3.56 billion in May 2025. The firm has also scaled its team from 60 to over 400 professionals, including 130+ seasoned relationship managers, and established a pan-India presence across 12 cities. Arpita Vinay, Senior Managing Director & Co-CEO, Spark Capital Private Wealth Management Private Limited, said: "The establishment of our DIFC office represents a significant milestone in Spark Capital PWM's global growth strategy. Dubai's strategic location and robust financial infrastructure provide an ideal platform to connect investors across regions with diverse investment opportunities. This expansion allows us to enhance our service offerings to international clients while creating new avenues for wealth creation and preservation." Neeraj Ojha, Senior Executive Officer, Spark Global PWM Private Limited, added: "DIFC offers an exceptional ecosystem for wealth management firms, with its world-class regulatory framework and access to a wide network of financial institutions. Through our presence here, we aim to provide professional clients in the Middle East with comprehensive wealth solutions backed by Spark Capital's expertise and innovation in investment management." DIFC is a strategic gateway to financial institutions and multinational firms in the region. DIFC continues to experience exponential growth in the wealth and asset management sector with 420 wealth and asset management firms and over 75 pure play hedge funds, 48 of which are 'billion-dollar club' organisations, that are capitalising on regional opportunities. Spark Global PWM Private Limited's DIFC office will be staffed by a team of experienced wealth management professionals with extensive knowledge of global markets and a proven track record of delivering exceptional client outcomes. These professionals will leverage the firm's comprehensive research capabilities, innovative investment strategies, and established track record in wealth management to provide tailored solutions to clients in the region. This approach underscores Spark Capital's dedication to client-centric service while strengthening its position as a trusted wealth management partner globally, it said. –
Zawya
4 days ago
- Business
- Zawya
India's Spark Capital opens DIFC office to expand Middle East business
India's Spark Capital Private Wealth Management (Spark Capital PWM) has commenced operations in Dubai International Financial Centre to expand its business across the Middle East. "The DIFC office allows us to enhance our service offerings to international clients while creating new avenues for wealth creation and preservation," Arpita Vinay, Senior Managing Director & Co-CEO, Spark Capital Private Wealth Management Private Ltd., said in a statement. Spark Capital PWM Private Ltd., regulated by Dubai Financial Services Authority, will offer comprehensive wealth solutions to its clients in the Middle East, the statement said. Spark Capital PWM's combined assets under management and administration have grown nearly tenfold, from $360.24 million in April 2023 to $3.56 billion in May 2025. It has also scaled its team from 60 to more than 400 professionals, including over 130 relationship managers, and established a pan-India presence across 12 cities. (Editing by Seban Scaria
Business Standard
4 days ago
- Business
- Business Standard
Spark Capital PWM Establishes Strategic Presence in Dubai International Financial Centre to Serve Global Investors
BusinessWire India Mumbai (Maharashtra) [India], June 2: Spark Capital Private Wealth Management (Spark Capital PWM), today announced the launch of its operations in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region through Spark Global PWM Private Limited. Spark Global PWM Private Limited, a CAT4 firm regulated by Dubai Financial Services Authority, the independent regulator for business conducted from or within Dubai International Financial Centre (DIFC), operates as a subsidiary of Spark Capital's Private Wealth Management business and the new office will serve as a hub for its Middle East operations. This strategic expansion will enable global investors to access diverse markets with ease while offering its clients comprehensive portfolio diversification opportunities. The move reinforces Spark Capital's commitment to delivering sophisticated, bespoke wealth management solutions on an international scale. Spark Capital PWM has significantly focused on growth & expansion in recent years. Its AUM & AUA has grown nearly 10x--from INR ~3,000 crores (~360.24 million USD) in April 2023 to INR ~30,000 crores (~3.56 billion USD) in May 2025. The firm has also scaled its team from 60 to over 400 professionals, including 130+ seasoned relationship managers, and established a pan-India presence across 12 cities. Commenting on the expansion, Arpita Vinay, Senior Managing Director & Co-CEO, Spark Capital Private Wealth Management Private Limited, said, "The establishment of our DIFC office represents a significant milestone in Spark Capital PWM's global growth strategy. Dubai's strategic location and robust financial infrastructure provide an ideal platform to connect investors across regions with diverse investment opportunities. This expansion allows us to enhance our service offerings to international clients while creating new avenues for wealth creation and preservation." Neeraj Ojha, Senior Executive Officer, Spark Global PWM Private Limited, added, "DIFC offers an exceptional ecosystem for wealth management firms, with its world-class regulatory framework and access to a wide network of financial institutions. Through our presence here, we aim to provide professional clients in the Middle East with comprehensive wealth solutions backed by Spark Capital's expertise and innovation in investment management." DIFC is a strategic gateway to financial institutions and multinational firms in the region. DIFC continues to experience exponential growth in the wealth and asset management sector with 420 wealth and asset management firms and over 75 pure play hedge funds, 48 of which are 'billion-dollar club' organisations, that are capitalising on regional opportunities. Spark Global PWM Private Limited's DIFC office will be staffed by a team of experienced wealth management professionals with extensive knowledge of global markets and a proven track record of delivering exceptional client outcomes. These professionals will leverage the firm's comprehensive research capabilities, innovative investment strategies, and established track record in wealth management to provide tailored solutions to clients in the region. This approach underscores Spark Capital's dedication to client-centric service while strengthening its position as a trusted wealth management partner globally.
