GID, the US-based alternative investment management firm with over $30bn in assets under management, has recently expanded its global presence by establishing its first international office in the UAE.

Leading this initiative is industry veteran Jamal Saab, Senior Managing Director (pictured). “With greater proximity to the market and strong local relationships, we believe we can better serve institutional investors and further contribute to the region’s economic growth,” said Saab, who has over 25 years of experience in the Middle East.

GID, a vertically-integrated real estate investor, operator, developer, and fiduciary, has operated a diverse portfolio of multifamily, industrial, and mixed-use real estate for over 60 years. The firm recently launched a credit platform for commercial real estate debt solutions for institutional borrowers.

“We are excited to have Jamal lead and grow our footprint in the Middle East,” said Greg Bates, GID’s CEO. “The region’s sophisticated investor base continues to deploy capital in US real estate, and we expect that GID’s regional office will allow the firm to further coordinate solutions across our business verticals and will reinforce GID’s commitment to its Middle Eastern partners.”