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Unauthorised Use of Dalma Capital’s Name and Details

Dalma Capital Management Limited (the “Firm”), is duly incorporated in the Dubai International Financial Centre (DIFC) and authorised and regulated by the Dubai Financial Services Authority (DFSA).

The Firm has become aware that an unauthorised entity operating under the name “D’ Finance Capital” has been misusing the Firm’s details and falsely claiming association with the Firm.

The Firm hereby confirms that:

  • it has no affiliation or connection whatsoever with “D’ Finance Capital” or any of its representatives,
  • any representations, communications, or activities undertaken by this entity are unauthorised, false, and misleading, and
  • it does not accept any responsibility or liability for dealings with this entity, nor for any losses or damages arising from reliance on its claims. 

In line with its obligations as a DFSA-authorised firm, the Firm has:

  • notified the DFSA of this unauthorised use of its details;
  • reported the fraudulent website and materials to the relevant authorities; and
  • enhanced its security protocols to protect its office premises, employees, and clients.

Members of the public, clients, and counterparties are advised to exercise caution and verify any communications claiming to be from the Firm by using only the official contact channels listed on our website: www.dalmacapital.com.

Suspicious communications should be reported immediately to compliance@dalmacapital.com.

The Firm remains fully committed to its obligations under the DFSA framework and to protecting the interests of its clients, shareholders, and stakeholders.

Insights

Structured Deals in Challenging Financial Landscapes: Raising Capital when Capital is Dear

By Zachary Cefarrati | 4 April, 2023

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The first quarter of 2023 has proven to be one of the most difficult financing environments in decades. With the gulf region being a notable exception, raising equity in private and public markets has become extremely challenging. Many companies that had planned to IPO in 2022 and 2023 have had to defer their IPO plans.

It has become particularly hard to finance growth companies, even those which continue to grow robustly. Investors are heavily discounting future cashflows given the uncertain outlook, in addition to substantial increases in nominal rates. As a result, valuations have dropped aggressively — greatly amplifying the dilutive effect of equity fundraising. This has resulted in a bid:ask spread between issuers and investors that result in deadlock in any financing discussions, and thus giving rise to structured deals.

Structured deals, such as convertible notes and preferred equity, have gained prominence in the world of private company financing, particularly when faced with difficult financing conditions, risk-averse investors, or divergent views on equity valuations. I will share the advantages of structured deals in these challenging environments and explore the unique investor universe and approaches that differ from those of traditional equity investors.