Wednesday, 21 February 2018

Exclusive: ADFG eyes private equity deals in Latin America, to launch debt fund in 2018 - The National

Exclusive: ADFG eyes private equity deals in Latin America, to launch debt fund in 2018 - The National:

"Abu Dhabi Financial Group, the investment firm with around $6 billion in assets under management, plans to launch a new fund this year and is eyeing private equity acquisitions in Latin America as it continues to diversify its investments, its chief operating officer said. ADFG is targeting a launch in the next 3-6 months for a $150 million mezzanine debt fund and the initial public offering of Etihad Reit, said Mustafa Kheriba. The company has received “a good portion of soft commitments” from GCC and Mena investors for the mezzanine fund. The Etihad Reit, which will focus on various types of property across the seven emirates, is likely to be listed on the Abu Dhabi Securities Exchange, but ADFG has yet to decide on a listing venue. "We have aggressive growth plans over the next five years and are looking at growing organically and inorganically,” said Mr Kheriba."



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