Multi-family office
Double Digit Assets
Principal investment and holding structure for real-estate, income‑producing and private‑equity assets across the GCC — run as a multi‑family office for private and institutional capital.
Corporate profile & strategy
Double Digit
Multi-family office investment group
We deploy private capital as principals across real assets, structured credit and quantitative strategies in the GCC, UK and India — every structure built for the Group's own balance sheet first, then opened to partners.
Private capital. Institutional governance. Long-standing sovereign, bank and family-office relationships anchored in integrity and shared economics.
- Proprietary structures designed around collateral, seniority and defined exits.
- Diverse opportunities from private credit and real assets to systematic strategies.
- Capability to execute large‑scale transactions from around AED 1bn.
Transactions executed
US$ 740m
Aggregate deal value across 19 transactions in GCC, UK & India
Group AUM
US$ 367m
Real assets, structured credit and investments under Group ownership
Investor capital
US$ 143m
Partner capital deployed alongside our own in selected transactions
Quant track record
21.3%
CAGR — simulated + live since 2019
Institutional capital
Confidential
Signed allocation from a UK hedge fund into the Quant
Fund AUM
US$ 12m
Capital deployed in the Quant strategy
Group Corporate Structure
Three verticals leveraging core strengths across principal investments, real assets, quantitative strategies and family-office wealth.
Investment banking
Double Digit Capital
Investment banking and structuring vehicle for complex, multi‑party transactions — from private credit to sovereign financing, with embedded downside protection.
Systematic strategies
Double Digit Quant
Fully automated quantitative trading combined with fixed‑income allocations on collateral — targeting risk‑averse, double‑digit returns.
Investment Philosophy
Three words carry the Group's philosophy — applied identically across private credit, real assets and systematic strategies.
01
Principal.
Our own capital leads. Every structure is built for the Group's balance sheet first, then opened to partners.
02
Protected.
Collateral, seniority and a defined exit are the starting point of every negotiation — the upside comes after.
03
Aligned.
Long-standing sovereign, bank and family-office relationships built on shared economics, with integrity anchoring every structure.
Investment Thematics
We concentrate capital and structuring effort in niche sectors with secular demand and hard-asset backing — the infrastructure behind the AI and energy build-out.
Grid Modernisation
Ageing grids under AI, EV and renewable load — HVDC, substations, analytics.
GPU & Cloud Computing
Explosive AI workloads — GPU fleets, cloud capacity and compute infrastructure.
Micro-Nuclear & SMR
Modular base-load power for AI and data centres — developers, EPCs, components.
DC Cooling & HVAC
Liquid and hybrid cooling for GPU-era workloads — efficiency and heat reuse.
Data-Centre Ecosystems
Power-rich land, cooling and grid access — the stack behind compute demand.
Renewable Energy
Utility-scale and captive generation across the GCC — bankable offtake.
Industrial & Logistics
Serviced industrial land, warehousing and build-to-suit in growth corridors.
EV Charging
Electrifying transport — charging networks and grid-edge infrastructure.
Double Digit Quant
A systematic market-neutral strategy, complemented by a fixed-income overlay on collateral — engineered for risk-averse, double-digit performance.
Investment thesis
Returns are engineered from relative moves and proprietary volatility prediction — not from market direction. Every order is generated and executed by the models, around the clock, with no discretionary override.
- Market-neutral — no persistent beta to the traded index.
- Fully systematic execution via A-grade regulated brokers.
- Volatility held near 7%, drawdowns contained to single digits.
- Fixed-income overlay earns the curve on unused collateral.
Track record
- CAGR of 21.3% — simulated + live since October 2019.
- Maximum drawdown 5.9% — below 4% since 2024.
- Sharpe 2.65 · Sortino 4.48 · volatility 6.7%.
- Capital may remain on investor-owned accounts — full custody, no lock-ups.
- Performance-based fees only, with the Group's own capital trading the same models.
Global Insights
Selected external research on investment banking, private credit and private equity investments from leading global institutions.
External · Global banking
May 2026
Global Banking Annual Review 2026: Precision with Speed
McKinsey's flagship review reports global banking net income rising to US$ 1.3 trillion in 2025, argues that scale alone no longer wins, and frames precision and speed in capital allocation and technology as the defining edge for the years ahead.
Source: McKinsey & Company
Open report →
External · GCC banking
2026
The state of GCC banking: An exceptional operating environment
McKinsey examines how higher rates have strengthened GCC banks' revenues, margins and capital, and sets out priorities — growing deposits and targeted securitisation — to ease liquidity pressure and manage interest-rate risk.
Source: McKinsey & Company
Open article →
External · Private credit
2026 Outlook
Private Credit Trends: What's Changing in Direct Lending
Morgan Stanley sizes private credit at ~US$ 3 trillion today, growing toward ~US$ 5 trillion by 2029, and argues a refinancing wave and broadening M&A cycle let disciplined lenders strengthen terms into 2026.
Source: Morgan Stanley
Open article →
External · Direct lending
2026
Direct Lending: Separating Signal from Sentiment
Morgan Stanley Investment Management looks through early-2026 headline volatility in evergreen direct-lending vehicles, arguing recent moves reflect sentiment rather than a deterioration in underlying credit quality.
Source: Morgan Stanley Investment Management
Open article →
External · Private capital
2026
Key Trends in Private Capital Markets
Houlihan Lokey's private capital markets update tracks financing conditions, structures and capital flows across private credit and equity — the terms and pricing shaping today's non-bank deal market.
Source: Houlihan Lokey
Open update →
External · Real estate
2026
Real Estate Market Update
Houlihan Lokey's real estate update reviews transaction activity, valuation trends and capital flows across sectors — from net lease and data centres to income-producing assets shaping institutional deal structures.
Source: Houlihan Lokey
Open update →Leadership Team
Institutional principals supported by an integrated deal office.
CD
Chetan Dongra
CEO & Managing Partner
- 20+ years across institutional finance, investment banking, real estate and infrastructure — GCC, India, UK
- Senior Executive Officer, GFH Capital (DIFC); Head of Proprietary Investments, GFH — ~US$ 300m closed, incl. a Mumtalakat JV and a fully raised US$ 53m Bahrain fund
- Earlier: EY Bahrain — sovereign wealth advisory; corporate principal at Al Areen Holding
- Fellow CA (ICAI) · DIFC Approved Person
AZ
Alexander Zolotov
Managing Partner
- 15+ years of private equity and investment — GCC, Europe, UK, CIS; US$ 4bn+ of structured transactions
- Morgan Stanley Investment Management — VP & Deputy Head of a US$ 3bn+ portfolio; 49% of Galeria sold to Mubadala for US$ 250m+ equity
- CIO of Sistema (~US$ 12bn listed group); VP Investments, DAMAC family office; Executive Director, GFH — ~US$ 300m closed alongside Mr. Dongra
- Architect of the Group's quant trading platform · CQF · MSc Nuclear Physics
DD
Core Team
Investments & Operations
- A fully integrated deal office behind the partners
- Origination, underwriting, financial modelling, structuring, due diligence, legal and execution
- Across all Group verticals
Get in touch
To discuss a transaction, an investment into the Quant or a strategic partnership, contact the Group directly.
Offices & contacts
General inquiries
Quant & strategic partnerships
Web
Dubai
DIFC · United Arab Emirates
Group headquarters
Presence
GCC · India · United Kingdom
Selected strategic mandates