Brands
YSTV
Discover
Events
Newsletter
More

Follow Us

twitterfacebookinstagramyoutube
Ys Gulf Edition

Brands

Resources

Stories

General

In-Depth

Announcement

Reports

News

Funding

Startup Sectors

Women in tech

Sportstech

Agritech

E-Commerce

Education

Lifestyle

Entertainment

Art & Culture

Travel & Leisure

Curtain Raiser

Wine and Food

Videos

GFH Financial Group acquires majority stake in US-based Big Sky Asset Management

Through this acquisition, GFH hopes to strengthen its base in the US market and provide institutional quality real estate to top hospital groups and doctors in the US.

GFH Financial Group acquires majority stake in US-based Big Sky Asset Management

Wednesday January 04, 2023,

2 min Read

Bahrain-baseed GFH Financial Group has acquired a majority stake in Big Sky Asset Management, a US-based real estate asset manager focused on the healthcare segment.

This follows the earlier acquisition of US-based SQ Asset Management in May 2022.

Big Sky is involved in sourcing, acquiring, and managing healthcare assets, with a special focus on medical clinics and life sciences real estate. The company has an experience of over two decades in investing and managing healthcare assets in the US, with more than $2 billion in cumulative transaction value and 130 medical facilities, said a statement on Zawya.

Nael Mustafa, Co-chief Investment Officer, GFH, said the acquisition gives the company strong management teams that can execute GFH's growth strategy, lend it a local presence, and strengthen its base in the US market.

“The platform will be instrumental in providing institutional quality real estate to the top hospital groups and doctors in the US," he said.

Jason L. Signor, Founder, Big Sky, said the partnership will enable Big Sky to offer unique investment opportunities to investors in the US and GCC.

GFH's businesses include asset management, wealth management, commercial banking, and real estate development. It is listed on Bahrain Bourse, Boursa Kuwait, and Dubai Financial Market.


For any press related queries or to share your press releases, write to us at [email protected].


Edited by Swetha Kannan