subsidiary international investment arm industry diversified investments founded october 2004 founder sheikh mohammed bin rashid al maktoum headquarters dubai united arab emirates key people david smoot ceo website www.dubaiic.com dubai international capital dic is the international investment arm of dubai holding a global conglomerate and sovereign wealth fund of the government of dubai and its ruling family and has been over leveraged to the point whereby the company is not able to service its interest payments in a normal fashion . 1 dic invests private funds on behalf of dubai holding and several large third party investors around the world with a mandate to build a portfolio of internationally diversified assets . citation needed dic which was founded in 2004 invests in public and private equity through three divisions private equity invests in mid cap companies in europe and north america with a focus on secondary buy outs that include travelodge 2 merlin entertainments 3 doncasters 4 mauser 5 alliance medical 6 and almatis . 7 emerging markets manages a broad investment program across the middle east and north africa region including lbos funds and co investments infrastructure growth and development capital public equities focused on investment in fortune 500 companies through its dfsa regulated us 1.5 billion global strategic equities fund . the fund has invested in global leaders such as sony 8 and eads . 9 contents 1 holdings 2 liverpool f.c. 3 references 4 external links holdings edit dic s investments across its divisions include private equity the tussauds group purchased in 2005 from charterhouse capital partners for 800 million 1.5 billion . subsequently sold in march 2007 to merlin entertainments for 1.025 bn though dic now has 18 % in the combined company . 10 the remaining stock dic held in the combined company was sold in 2010 . doncasters group ltd in may 2006 dic acquired doncasters group ltd. for 700 million . doncasters is a british precision engineering company with plants in connecticut illinois and georgia that make precision engineered components and systems for applications in a variety of industries . travelodge purchased the uk budget hotel group in 2006 for 675m 1.02 bn euros . travelodge is the fastest expanding hotel chain in europe 11 merlin entertainments group in march 2007 dic merged the tussauds group with blackstone s merlin entertainments group to create the second largest visitor attractions operator in the world after disney . dic received 1.025 bn cash and retained an 18 % stake in the combined company . this stake was sold in 2010 . fastentech in may 2007 dic owned doncasters acquired fastentech for us 500m in a bolt on acquisition from court square capital . fastentech is a leading international manufacturer of industrial and aerospace grade fasteners and has a strong presence in the us . mauser group purchased the german industrial packaging company in june 2007 for 850m one of the world s leading industrial packaging firms . has been sold in august 2014 . emerging markets jordan dubai capital a us 300 million private equity fund dedicated to investments in jordan launched in 2005 . ishraq a us 150 million investment company focused on delivering the budget hotel concept across the middle east established in 2005 . mena infrastructure fund launched the us 500 million mena infrastructure as co anchor with hsbc and waha capital in 2006 . it targets investments in the infrastructure and energy sectors across the middle east and north africa . rivoli group in 2007 dic acquired a substantial stake in the uae based luxury goods retailer . kef holdings dic acquired a 45 % stake in the leading uae based foundry in 2008 catering mainly to the oil and gas industry . public equities daimler ag acquired a 2 % stake for 1 billion in german carmaker daimler making it the company s third largest shareholder in 2005 . 12 it was divested in 2007 . eads acquired a 3.12 % stake for 838 million in europe s largest aircraft and defense manufacturer and airbus parent company . 13 has since been sold . sony acquired a 3 % stake for 1.5 billion has since been sold . liverpool f.c. edit on a number of occasions dic tried to buy into liverpool f.c. in part because dic chief sameer al ansari is an lfc fan and season ticket holder 3 december 2006 dic and liverpool revealed that dic were in exclusive negotiations to potentially buy or invest in the football club 14 liverpool later accepted an offer made by american tycoons george gillett and tom hicks 15 16 17 22 december 2007 dic looked to invest in the club alongside gillett hicks as the clubs owners suffered financial difficulties . however hicks later dismissed holding any talks with dic and even dic making a bid for his share . 14 february 2008 reported that dic have the outline of an agreement to purchase the reds from george gillett and tom hicks and a deal could go through by mid march for a sum of around 500m . 18 19 gillett then annaounced that he was willing to sell his 50 % stake alone to dic . 20 10 march 2008 hicks announced via the liverpool website that he has terminated further discussions with dic . hicks was apparently not willing to allow dic to be involved in football decisions . 21 15 september 2008 premier league rivals newcastle united linked with dic . however dic have stated they are not planning a fresh bid for liverpool nor were they in talks with any other side from england s top flight . 22 references edit bbc news dubai fund hits back at criticism . bbc news . 4 april 2008 . bbc news dubai firm buys travelodge hotels bbc news dubai firm buys tussauds times online dubai bags doncasters for 700 million zawya online dubai international capital acquires mauser for dh4 .25 bn in major move reuters dubai fund buys uk s alliance medical forbes dubai international capital buys german chemical maker almatis bbc news dubai run fund buys sony shares bbc news dubai run fund takes eads stake tussauds firm bought in 1bn deal . bbc news . 5 march 2007 . retrieved 2010 05 01 . dubai firm buys travelodge hotels . bbc news . 18 august 2006 . retrieved 2010 05 01 . ame info dubai holding entity becomes third largest shareholder in daimlerchrysler john isaac . dubai int l capital buys 3.12 pc stake in eads khaleej times online 2007 07 06 . reds revel in 450m takeover talk . bbc news . 4 december 2006 . retrieved 2010 05 01 . dubai international capital ends takeover talks with liverpool fc . forbes.com . 31 january 2007 . archived from the original on 2 february 2007 . retrieved 2008 03 10 . dic pulls out of liverpool deal . the guardian . london . 31 january 2007 . retrieved 2008 03 10 . consortium pulls out of reds bid . bbc news . 31 january 2007 . retrieved 2008 03 10 . hicks plots total control of reds . bbc news . 4 march 2008 . retrieved 2008 03 10 . reports reds reject dic bid . sky sports . 4 march 2008 . retrieved 2008 03 10 . dic deal not dead yet . sky sports . 5 march 2008 . retrieved 2008 03 10 . hicks ends talks with dubai group . bbc news . bbc sport . 10 march 2008 . retrieved 2008 03 10 . dic not in fresh talks . sky sports . 15 september 2008 . external links edit dubai international capital official website v t e dubai holding subsidiaries dubai group dubai banking group dubai bank dubai international capital dubai properties group dubiotech jumeirah tatweer arab media group bawadi dubai eye 103.8 dubailand hit 96.7 six flags dubailand spacetoon tag 91.1 universal studios dubailand tecom investments dubai international academic city dubai internet city dubai knowledge village dubai media city dubai studio city people mohammed bin rashid al maktoum v t e private equity and venture capital basic investment types buyout venture mezzanine growth secondaries equity co investment history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s terms and concepts buyout financial sponsor management buyout divisional buyout buy sell agreement leveraged recapitalization dividend recapitalization venture angel investor business incubator post money valuation pre money valuation seed money startup company venture capital financing venture debt venture round structure private equity firms and funds limited partnership limited liability company carried interest management fee publicly traded private equity business development company venture capital trust private investment in public equity pipe pledge fund investors corporations institutional investors pension funds insurance companies fund of funds endowments foundations investment banks merchant banks commercial banks high net worth individuals family offices sovereign wealth funds crowdfunding related financial terms aum cap table capital call capital commitment capital structure distribution waterfall ebitda envy ratio high yield debt ipo irr leverage liquidation preference m & a pme taxation of private equity and hedge funds undercapitalization vintage year private equity and venture capital investors private equity firms venture capital firms angel investors portfolio companies retrieved from https en.wikipedia.org w index.php title dubai international capital & oldid 738062807 categories companies based in dubaiinvestment companies of the united arab emiratesprivate equity firms of the middle easthidden categories use dmy dates from july 2013all articles with unsourced statementsarticles with unsourced statements from may 2009 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage 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