Abu Dhabi Catalyst Partners announces first investments worth $225m - Arabianbusiness:
Abu Dhabi Catalyst Partners on Wednesday announced its initial three investments as it seeks to provide firms with an operational base in the UAE capital.
All three investments involve meaningful commitments to a physical presence in the UAE’s capital and under the jurisdiction of Abu Dhabi Global Market (ADGM), the company said in a statement.
The investments - announced in conjunction with the SALT Abu Dhabi conference - include a partnership with Avenue Capital Group, the New York-based global investment firm managing assets of more than $10 billion across markets in the United States, Europe and Asia.
Abu Dhabi Catalyst Partners said it has committed $100 million to a new global private credit strategy that will be run by Avenue Capital Group from ADGM.
No comments:
Post a Comment