What Olive Rock Partners does

Olive Rock Partners is an independent private equity firm founded in 2020 and headquartered at Al Khatem Tower, Abu Dhabi Global Market (ADGM), United Arab Emirates. It is the first independent PE firm established in ADGM and is regulated by the ADGM Financial Services Regulatory Authority (FSRA). The firm invests in fundamentally strong management teams and platforms across rapidly evolving GCC geographies, with thematic focus on social infrastructure (healthcare and specialty education), consumer-fueled industries, technology enablement, and geographical advantage.

The firm launched its inaugural Fund I in November 2021 with Abu Dhabi Catalyst Partners as anchor investor and subsequently secured a $30 million commitment from SVC plus backing from Jada Fund of Funds. Olive Rock's current portfolio comprises five companies: Umniya Fertility (personalized fertility clinic in Abu Dhabi), Al Bustan Medical Center (8-clinic dental chain in Abu Dhabi), The Dental Studio (11-clinic dental chain in Dubai), Leoron Institute (corporate training serving 32,000+ learners annually), and Shrimp Nation (fast-casual seafood brand with 30+ branches across 19 Saudi cities). The firm previously held United Eastern Medical Services (UEMS), which was divested to M42 in late 2025.

The business model is conventional private equity: management fees on committed/invested capital plus carried interest on successful exits, with revenue derived from deploying institutional capital into mid-market GCC companies alongside active financial, operational, and strategic support. Deal sourcing is relationship-driven and direct, targeting company owners in the GCC who are seeking "smart third-party capital" amid regional government diversification agendas. The team is small (five named professionals) but experienced, with the three founding partners collectively bringing 60+ years of GCC PE experience and prior transactions worth over $4 billion.

Name

Olive Rock Partners

Legal name

Olive Rock Partners

Website

https://oliverockpartners.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Olive Rock Partners is an Abu Dhabi-based independent private equity firm investing in mid-market GCC companies across healthcare, education, consumer, and technology sectors, currently managing five portfolio platforms with backing from regional institutional LPs.

Ownership category

akta.pro rank

Product category

Private Equity Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Energy & Sustainability / Climate Growth Equity (FSANACAG)

akta.pro secondary industries

HoldCo / Permanent Capital ETA (FSANALAE), Independent Sponsor / Fundless Sponsor ETA (FSANALAB)

Keywords

• Private equity investments
• GCC growth capital
• Portfolio management
• Healthcare investments
• Consumer brand investing

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Private Equity Fund Management: Generates returns through investment in portfolio companies in the GCC region, focusing on healthcare, specialty education, technology, consumer goods, and industrials sectors. Revenue derived from fund management fees and carried interest on successful exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Olive Rock Partners is an independent private equity firm that invests in fundamentally strong management teams and platforms across GCC geographies, with a focus on social infrastructure (healthcare and specialty education), consumer-fueled industries, technology enablement, and geographical advantage. The firm partners with regional companies to expedite growth through active financial, operational, and strategic support, deploying capital through its Fund I vehicle and generating returns via fund management fees and carried interest on successful exits.

Product overview

Olive Rock Partners operates as a private equity firm with a portfolio of five distinct healthcare, education, and consumer brands across the GCC region. The portfolio includes: Umniya Fertility (personalized fertility clinic in Abu Dhabi), Al Bustan Medical Center (dental chain with 8 clinics in Abu Dhabi), The Dental Studio (dental chain with 11 clinics in Dubai), Leoron Institute (corporate training with 32K+ annual learners), and Shrimp Nation (fast-casual seafood dining brand with 30+ branches). These portfolio companies operate as independent brands under Olive Rock's investment and active support, rather than as a unified platform with integrated modules.

Differentiator

Problem solved

Functional benefit

Products and services

• Olive Rock Partners Fund I Private equity fund vehicle launched in November 2021 that deploys growth capital into GCC-based management teams and platforms, with anchor backing from Abu Dhabi Catalyst Partners and additional LP commitments from SVC ($30 million) and Jada Fund of Funds. The fund targets social infrastructure, consumer-fueled industries, technology enablement, and geographically advantaged businesses, generating returns through capital appreciation, dividends, and exits.

Quantifiable outcome

• 3 deals completed within first year of operation
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered strategic and support.

• M42strategicStrategic or Co-development Partner · 1 February 2026M42, a global health company powered by AI, technology, and genomics, transferred full ownership of HealthPlus IVF to Olive Rock Partners. Subsequently, M42 acquired full ownership of United Eastern Medical Services (UEMS) from Olive Rock Partners, including purchasing their remaining 26.67% stake plus additional cash consideration.
• Cedro StrategysupportImplementation/ SI/ Consulting Partner · 1 February 2026Cedro Strategy was appointed to lead the transformation and rebranding of HealthPlus IVF to Umniya Fertility, facilitating the strategic transition.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Gulf Capital: Abu Dhabi-based private equity firm operating in the GCC mid-market across similar sectors (healthcare, consumer, industrials). Direct comparable because all three Olive Rock founders were senior investors at Gulf Capital and pursue a closely overlapping thesis, geography, and stage.
• Crescent Enterprises (Private Equity): Sharjah-based diversified group operating a private equity arm investing across the MENA region in healthcare, consumer, and industrials. Comparable to Olive Rock in geography, sector mix, and mid-market growth/control orientation.
• Amanat Holdings: Dubai-listed GCC investment company focused on healthcare and education platforms. Closely comparable to Olive Rock in sector concentration (social infrastructure in the GCC) and buy-and-build platform strategy.
• Chimera Investments: Abu Dhabi-listed investment company with PE-style holdings in regional SMEs and platforms. Comparable in UAE-based deployment of growth capital into operating businesses and value-creation approach.

Broad incumbents

• Investcorp: Bahrain-headquartered global alternative investment firm with a MENA-focused PE franchise. Olive Rock founder Qubbaj was previously a Senior Principal at Investcorp; comparable in regional PE focus, fund-of-funds structure, and mid-market control investing.
• Abraaj Group (legacy): Historic Dubai-based PE platform and previous employer of Olive Rock co-founder Shahin. While the original entity collapsed, successor regional PE franchises continue to operate in comparable GCC mid-market control buyouts, making the model a relevant benchmark.
• Mubadala Capital: UAE sovereign-backed investment arm with sizeable PE and growth equity funds. Comparable in GCC focus and ability to anchor regional platforms, though at a materially larger AUM scale than Olive Rock.
• Abu Dhabi Catalyst Partners: Abu Dhabi-based fund-of-funds platform and Olive Rock's anchor investor. Comparable as a regional capital-allocation platform investing into alternative asset managers, with overlapping LP base and GCC mandate.

Regional players

• SVC (Saudi Venture Capital Company): Saudi Arabia's principal VC/PE-of-funds investor and a confirmed LP in Olive Rock. Relevant peer in regional fund management infrastructure, with overlapping Saudi focus and institutional investor profile.
• Al Ahly Capital Holding: Egypt-based private equity arm of the National Bank of Egypt with MENA-focused investments. Comparable in regional mid-market PE deployment, though focused more on Egypt and North Africa than the GCC.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/olive-rock-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Olive Rock Partners