23/06/2026
23/06/2026
Sherif ElRafie, CEO of ABK Wealth Management and Bryan High, Head of Global Private Finance at Barings
KUWAIT CITY, June 23: ABK Wealth Management, the asset and wealth management arm of Al Ahli Bank of Kuwait, has entered into a strategic partnership with Barings, a US$481 billion* global alternative asset manager with deep expertise across credit markets. This partnership will expand access for Kuwaiti investors to innovative Kuwaiti dinar (KD)-denominated investment solutions in global private credit markets.
Demand for KD-denominated investment solutions in the global private credit markets has continued to grow among Kuwaiti investors seeking to capture the attractive income potential of global private credit markets while managing currency risk. Barings’ private credit platform is supported by a global, deep origination network, underpinned by long-standing relationships.
The partnership further strengthens ABK Wealth Management’s position as a leading provider of sophisticated investment offerings in the local market and enables it to serve a broader client base. By combining Barings’ global credit expertise and deep origination network with ABK Wealth Management’s well-established reach and deep understanding of the Kuwaiti investor base, this collaboration represents a meaningful step forward in making institutional-quality credit investment solutions accessible to a wider audience of local and regional investors.
Sherif ElRafie, CEO of ABK Wealth Management, said, “Our partnership with Barings is a cornerstone of our commitment to bringing the finest global investment solutions closer to our clients. It reflects our ongoing commitment to continuously raise the bar in terms of investment quality and product innovation. Through Barings’ deep credit expertise and ABK Wealth Management’s track record in delivering alternative and income-generating strategies, we will be in a unique position to advise investors on private credit investment solutions that are precisely calibrated to their return objectives and risk tolerance.”
Bryan High, Head of Global Private Finance at Barings, said, “We continue to see strong demand for access to opportunities in global private credit markets, and working with trusted partners such as ABK Wealth Management is central to meeting those needs. Partnerships play an important role in how we deliver our capabilities across the GCC, allowing us to combine global expertise with strong local insights and relationships.
Through this collaboration, we are well positioned to bring Barings’ global private credit capabilities to investors in Kuwait in a way that aligns with local market dynamics and client objectives.” Through this partnership, ABK Wealth Management continues to strengthen its position as a trusted provider of sophisticated investment solutions, offering clients access to globally diversified opportunities supported by institutional expertise, disciplined risk management, and tailored investment structuring.
About ABK Wealth Management ABK Wealth Management is the investment arm of Al Ahli Bank of Kuwait (ABK) and a leading provider of wealth management and investment solutions in Kuwait. The company offers a comprehensive range of services, including discretionary portfolio management, investment advisory, alternative investments, capital markets solutions, and financial planning, serving high-net-worth individuals, family offices, institutions, and corporate clients. Guided by a client-centric approach and backed by the strength and heritage of ABK, ABK Wealth Management is committed to delivering tailored investment strategies, innovative solutions, and long-term value creation across regional and global markets.
About Barings
Barings is a $481 billion* global alternative asset manager that partners with institutional, insurance and wealth clients and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual with a minority investment from MS&AD, seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets, capital solutions and emerging markets.
Barings is a $481 billion* global alternative asset manager that partners with institutional, insurance and wealth clients and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual with a minority investment from MS&AD, seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets, capital solutions and emerging markets.
