Abu Dhabi Investment Authority (ADIA) commits £650m to Cheyne Capital's real estate private credit fund.
Abu Dhabi's $892bn sovereign wealth fund, Abu Dhabi Investment Authority (ADIA), has announced a significant increase in its commitment to Cheyne Capital's real estate private credit fund. The commitment will see ADIA invest £650m ($831m) into the ninth vintage of Cheyne Capital's Capital Solutions strategy. This move highlights the growing interest from Middle Eastern investors in the $1.6 trillion private credit market.
March 12, 2024
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