Badwa Capital has moved into entry into the investment management business to target infrastructure and real estate assets.

The Dubai International Financial Centre-based boutique investment banking firm has set up the new division with an initial $100m (€88.4m) in capital to invest in real assets through sale-leaseback, built-to-suit, and other types of transactions.

The new business is expected to provide investors with income-generating investments, it said.

Fawzi Jumean, the chairman and partner at Badwa Capital, said: “Many companies are seeking to free up capital from real assets as they grow their core businesses.

“Through our new platform, we are well-positioned to support companies pursuing asset-light strategies while generating attractive risk-adjusted returns for our investors.”

The platform will be managed Jumean, Abdulaziz Alfalih, and Talal Luay Abu-Ghazaleh.