New Fund Aims to Strengthen Maldives’ Private Capital Market

Dhivehi Investment Partners (DIP) has launched its first private investment fund, the Dhivehi Investment Nafaa Fund (DHINAF), marking a milestone for the country’s emerging private capital market.

Licensed and regulated by the Capital Market Development Authority (CMDA), DHINAF was officially unveiled at a ceremony held at Barcelo Nasandhura. The event was officiated by CMDA Chief Executive Officer Mohamed Hussain Manik and attended by leading figures from the financial and business community.

The fund offers investment options with durations ranging from six months to three years, targeting investors seeking stable, short-term returns within a regulated framework.

Speaking at the launch, DIP Chairperson Abdul Wahid Thaufeeq said the fund is designed to deliver higher returns compared to traditional investment opportunities available in the local market. He added that the company plans to expand the fund to include more investors over time.

“When we launch this fund, we want to assure that it will provide the best fixed return of any short-term investment fund in the Maldives. As a licensed private fund, qualified investors will contribute to the fund. We plan to expand this fund in the future and provide opportunities for more people to invest,” he said.

DIP stated that the introduction of DHINAF will support the development of the Maldives’ private capital market by diversifying investment options and encouraging greater participation from institutional and qualified investors.