New Delhi, Sept. 30 -- Private capital is undergoing a profound transformation. Once a niche allocation, it has now become a core component of institutional and ultra-high-net-worth (UHNW) portfolios. With public markets offering compressed returns and heightened volatility, investors are increasingly turning to alternatives that provide diversification, higher yields, and access to growth well before companies reach the public stage. Against this backdrop, Dubai is emerging as a compelling hub, a city where private capital is not only welcomed but actively enabled through policy, infrastructure, and ecosystem depth.

The search for alpha has become borderless. Traditional financial centers in North America and Europe are facing slower gr...