Net income in FY2014 was
FY14 saw high levels of activity on all fronts - acquisitions, realisations and fundraising - which have been a key driver of this strong performance, and reflect the continued appetite from investors for attractive alternative investments around the world, the investment bank said in a statement.
The fiscal year
Since the end of FY09,
Relative to the beginning of FY09, balance sheet leverage has come down by more than 50pc and capital adequacy has gone up by more than 60pc to 30.4pc.
Aggregate realisation proceeds in the five-year period exceeded
Total capital deployed in new investments over the period reached
Total fee income in FY14 grew to
Gulf fundraising for the period was
Corporate investment placement activity totalled
Real estate placement reached
New hedge fund subscriptions from institutional investors reached
Asset-based income of
Asset-based income was also buoyed by hedge fund returns, which generated
Overall, gross operating income for FY14 was up 8pc to
Net income for the second half of FY14 was
The board has proposed a dividend of
"Our strong performance once again confirms the success of our model and is indicative of the high level of activity in all geographies in which we operate,"
"We continue to invest in our business and in the on-going expansion of our office network across the Gulf, thereby strengthening our franchise's ability to expand our client base and drive attractive returns for our shareholders and investors.
"Underpinned by our strong placement capability, we will continue to identify attractive global investment opportunities that we believe have the potential to deliver superior risk adjusted returns for our investors.
"With a fifth consecutive year of profitability, we are confident of our skill and talent base, solid foundation as well as the quality of our performance and upward momentum,"
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