Ahli Capital Investment Company, the investment arm of the Al Ahli Bank of Kuwait (ABK), and Blackstone, the world’s largest alternative investment asset manager, have entered a partnership to provide leading investment solutions in private markets, specifically in private credit markets, to investors and clients in Kuwait. 

Blackstone is the world’s leading alternative investment asset manager, managing assets worth $1.1 trillion, including $418 billion in credit markets, and managing a global real estate portfolio of approximately 12,400 properties valued at $603 billion.

This partnership came to meet the increasing interest from the investors in the private credit asset class over the past years, due to its provision of relatively attractive returns when compared to its risks , as the size of this asset class has grown rapidly in the past period .