Al-Awadhi among Forbes' list of strongest asset managers in the Middle East

Gulf Capital Investment “Invest GP”, the investment arm of Gulf Bank, announced that its Deputy Chairman and Chief Executive Officer, Hani Al-Awadi, has been selected for Forbes’ list of the Most Powerful Asset Managers in the Middle East for 2026. The list features 50 of the most prominent leaders in the asset management sector.

Hani Al-Awadi’s inclusion on the list reflects the prestigious standing of “Invest GP” and its role in developing the asset management sector in Kuwait and the region in less than two years since its establishment, as well as the extensive expertise demonstrated by its CEO. The annual list comprises a select group of executive leaders in the asset management industry across the region, based on criteria including leadership, institutional performance, innovation, and contributions to the development of the asset management industry.

This ranking underscores the successes achieved by “Invest GP” since its founding in 2023, as the company has solidified its position as one of Kuwait’s leading investment institutions. In 2025, the company launched its first investment funds: the Al-Lu’luah Kuwaiti Dinar Money Market Fund and the Al-Lu’luah US Dollar Money Market Fund, both of which are Sharia-compliant. This move reflected its commitment to providing innovative investment solutions that meet the needs of diverse investor segments.

Furthermore, “Invest GP” has strengthened its global presence by expanding its strategic partnership with Investcorp to provide access to Sharia-compliant US real estate investment opportunities, and by entering into a partnership with Arrow Global to offer access to European asset-backed private credit strategies. Additionally, the company has formed strategic partnerships with a select group of global investment managers, reflecting its commitment to providing world-class investment solutions to its clients.

Commenting on the occasion, Hani Al-Awadi said: “This recognition from Forbes Middle East is a testament to the journey of Invest GP and its achievements since its establishment. It is the result of the efforts of an exceptional team and the continuous support we receive from Gulf Bank and the Board of Directors. Since the company’s launch, we have focused on building a global investment platform that connects investors in Kuwait with the best opportunities and investment managers worldwide, while adhering to the highest standards of governance and innovation. We will continue to develop high-quality investment solutions that contribute to creating sustainable value for our clients and enhance Kuwait’s position as a leading investment hub in the region.”