DIFC ideal to connect investors across regions
Chennai’s Spark Capital Private Wealth Management (Spark Capital PWM) says its expansion to Dubai will enable global investors to access diverse markets with ease while offering its clients comprehensive portfolio diversification opportunities.
The move reinforces Spark Capital’s commitment to delivering sophisticated, bespoke wealth management solutions on an international scale, said the company on 2 June, announcing the launch of operations in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) https://www.bseindia.com/.
The operation is through Spark Global PWM Private Limited, a CAT4 firm regulated by Dubai Financial Services Authority, the independent regulator for business conducted from or within Dubai International Financial Centre (DIFC).
It will operate as a subsidiary of Spark Capital’s Private Wealth Management business and the new office will serve as a hub for its Middle East operations https://www.nseindia.com/.
Spark Capital PWM has significantly focused on growth & expansion in recent years. Its AUM & AUA has grown nearly 10x—from Rs. ~3,000 crores (~US$360.24 million) in April 2023 to Rs. ~30,000 crores (~US$3.56 billion) in May 2025. The firm has also scaled its team from 60 to over 400 professionals, including 130+ seasoned relationship managers, and established a pan-India presence across 12 cities https://digitalinasia.com/.
“Dubai’s strategic location and robust financial infrastructure provide an ideal platform to connect investors across regions with diverse investment opportunities,” said Arpita Vinay, Senior Managing Director & Co-CEO, Spark Capital Private Wealth Management Private Limited.
“The establishment of our DIFC office represents a significant milestone in Spark Capital PWM’s global growth strategy. This expansion allows us to enhance our service offerings to international clients while creating new avenues for wealth creation and preservation,” said Vinay.
Neeraj Ojha, Senior Executive Officer, Spark Global PWM Private Limited, added, “DIFC offers an exceptional ecosystem for wealth management firms, with its world-class regulatory framework and access to a wide network of financial institutions.
“Through our presence here, we aim to provide professional clients in the Middle East with comprehensive wealth solutions backed by Spark Capital’s expertise and innovation in investment management https://sbi.com.in/.”
DIFC is a strategic gateway to financial institutions and multinational firms in the region, noted the company. DIFC continues to experience exponential growth in the wealth and asset management sector with 420 wealth and asset management firms and over 75 pure play hedge funds, 48 of which are ‘billion-dollar club’ organisations, that are capitalising on regional opportunities.
Spark Global PWM Private Limited’s DIFC office will be staffed by a team of experienced wealth management professionals with extensive knowledge of global markets and a proven track record of delivering exceptional client outcomes.
These professionals will leverage the firm’s comprehensive research capabilities, innovative investment strategies, and established track record in wealth management to provide tailored solutions to clients in the region. This approach underscores Spark Capital’s dedication to client-centric service while strengthening its position as a trusted wealth management partner globally.
Spark PWM Pvt Ltd, operates as a subsidiary of Spark Capital Advisors (India) Limited. Aligning with Spark Capital’s core values of Knowledge, Integrity, Trust & Transparency, Spark PWM endeavours to assist Affluent Families, Business Owners / Promoters, Family Offices, New Age Entrepreneurs, and CXOs in navigating the complexities of the financial landscape. The company’s mission is to seamlessly facilitate the creation, preservation, and transition of wealth across generations through its range of products and services.
As part of Spark Capital’s ecosystem, Spark Capital PWM extends its offerings beyond traditional wealth management services to include investment banking and asset management expertise. This integrated approach enables Spark Capital PWM to tailor bespoke solutions to meet the diverse needs of its clientele. Fiinews.com