The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Future Fund Oman, Templewater
Future Fund Oman (FFO), an Oman Investment Authority (OIA) fund and Templewater, a pan-Asia alternative asset manager have launched an Energy Transition Fund, in a bid to help combat climate change.

It marks the first fund of its kind in the Sultanate of Oman, designed to accelerate investment in the energy transition and advanced manufacturing in the country, the firm said in a statement. It aims to deliver healthy financial returns and further the Sultanate’s long-term economic diversification efforts under Oman Vision 2040.

The fund, managed by Templewater, launched with an initial capital base of $200 million, anchored by a $100 million commitment from FFO, and matched with a $100 million commitment from Templewater. This initial capital base will serve as a catalyst to unlock further capital and attract high-quality, scalable investment opportunities aligned with Oman Vision 2040, the firm added.

The fund reinforces OIA’s role in embedding national economic priorities within international investments, while using global partnerships to attract foreign direct investment, advanced expertise, and technology into key sectors of the Omani economy.

The fund will focus on high-impact sectors including clean molecules, energy storage, e-fuels, smart mobility, renewables, and green data centres. Templewater will use its global partner network and expertise to localise scalable, innovative solutions within Oman – aligned with FFO’s mandate to stimulate the national economy, foster strategic investment partnerships, and unlock economic value for the Sultanate and investors.

This initiative reflects OIA’s value as a long-term investment partner, adding insight, de-risking capabilities, and regional access to unlock institutional-grade opportunities. The fund also contributes to Oman’s ambition to position itself as a clean energy hub and a destination for future-focused global capital.

His Excellency Abdulsalam Al Murshidi, president of OIA, affirmed that this partnership represents a key step in positioning the Sultanate of Oman as a regional and global hub for clean and renewable energy solutions. “OIA seeks to attract expertise and global best practices to support Oman’s ambition to become a leading exporter of clean molecules and renewable energy solutions,” he said.

“This fund reflects not only our commitment to investing in solutions that deliver financial returns and climate benefits, but also our confidence in Oman’s supportive forward-looking environment. Templewater will establish a local presence in Muscat to work closely with our partners at FFO and OIA, setting an example for others across the region,” Cliff Zhang, chairman and CEO of Templewater, added.