Kuwait City, 1 February 2026 - Kamco Invest, a regional non-banking financial powerhouse with one of the largest assets under management in the Middle East, and PGIM, a leading global investment manager, signed a memorandum of understanding to pursue a strategic partnership that leverages their complementary capabilities and expertise across wealth and asset management.

Through this partnership, Kamco Invest and PGIM, the global asset management business of PFI, will explore opportunities for joint product development and co-branded investment solutions across public and private markets. Potential areas of collaboration include public market strategies such as equities, fixed income and sukuk, as well as private market opportunities spanning private credit, real estate, infrastructure, secondaries and other alternative asset classes.

Furthermore, the partnership aims to combine PGIM’s global investment management capabilities with Kamco Invest’s regional client access, market connectivity and distribution reach. The parties may also evaluate opportunities to jointly pursue regional and global mandates from institutional, sovereign, pension and insurance clients, where their combined capabilities enhance the overall value proposition.

In parallel, PGIM and Kamco Invest intend to explore knowledge sharing and capability development domains, including the exchange of market insights, research and best practices, as well as engagement through training initiatives, conferences and professional exchanges.

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