Evertree Fund was incorporated on 27 June 2019 and is a Protected Cell of Al Hadaf Open Ended PCC . The Fund is a Protected Cell Company (PCC) incorporated on 17 April 2016 and registered in the DIFC as an Investment Company under the commercial license number CL2152. The Fund is registered with the Dubai Financial Service Authority (DFSA) as an Exempt Fund pursuant to the DFSA collective Investment Rules. Gateway Investment Management Services (DIFC) Limited is responsible for the management and operation of the Evertree Fund and its principal activities are to invest into real estate assets and a portfolio of long and/or short positions in fixed income securities that are expected to generate short-term and/or long-term income. Evertree Fund has mix of the following investment portfolio: 1. Portfolio of real estate assets, comprising 3 residential buildings in Dubai: ; and 2. Portfolio of fixed income, investment grade bonds and sukuks.

In 2019, MJM Investments invested in 100% of the participating shares in the Evertree fund.