Based in Dubai, United Arab Emirates, Daman Investments manages the Alf Yad I buyout fund, which focuses on investments in the energy service, exploration, production, and refining sectors. The fund typically invests in rounds with two participants and has notable sponsors such as Planet N Group of Companies and MBC Ventures. While the fund is based in Dubai, it has made numerous investments in the United Kingdom, particularly in popular startups like Sportlobster. The fund primarily invests in industries such as social media and digital media, and typically targets startups that are 2-3 years old. In 2015, the fund was particularly active, with deals ranging from 1 to 5 million dollars. Overall, Daman Investments has established itself as a key player in the non-banking financial services sector in the region.