Asset Manager

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Daman Investments

Daman Investments is a financial services company founded in 1998 in Dubai, United Arab Emirates. It provides asset management and investment advisory services...

Daman Investments

Daman Investments is a financial services company founded in 1998 in Dubai, United Arab Emirates. It provides asset management and investment advisory services to clients. The company offers portfolio management, mutual funds, and financial structuring services.

General information

Firm type

Asset Manager

Year founded

1998

Location

Region

Middle East

Country

United Arab Emirates

City

Dubai

Corporate office

Dubai, United Arab Emirates

Principals

Shehab Gargash

Managing Director

Sector focus

Real EstatePrivate CreditFinancial Services

Frequently asked questions

Who runs investment decisions at Daman Investments?

Founding managing director Shehab Gargash leads the firm. Day-to-day portfolio management for regulated funds sits with an in-house investment team supervised by Gargash and senior staff. For distributed third-party funds, investment selection is handled by the respective global managers, while Daman runs due diligence and platform vetting.

How does Daman source its proprietary investment opportunities?

Daman sources regional public-equity investments through its brokerage and research infrastructure on UAE exchanges. Real estate exposure is sourced through developer relationships and structured financing deals. Third-party fund offerings are sourced through established distribution agreements with global managers such as Franklin Templeton and Schroders.

What is Daman's known posture on co-investment alongside external managers?

Daman has historically used separate-account and seeding arrangements to back global managers entering the GCC market. These are structured on a bilateral basis rather than through a formal co-investment program. Details of individual arrangements are not publicly disclosed.

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