One Investment Management, led by Rajeev Misra, has raised its fundraising target to $8 billion to support its expansion into new markets such as Japan and India.
The firm has already raised over $1 billion and plans to open an office in New Delhi, in addition to its existing locations in New York, London, Abu Dhabi, and Tokyo.
With the backing of the Abu Dhabi conglomerate Royal Group and Mubadala Investment Co., OneIM is actively seeking global lending and investment opportunities, potentially collaborating with its current investors.
The company has also increased its workforce, hiring 10 new employees this year, bringing the total number of employees to around 50.
The investment professionals, led by Munish Varma and Yanni Pipilis, are currently focused on capital deployment opportunities primarily in the US and Europe.