Abu Dhabi Capital Management Announces Final Closing of Secondary Private Equity FundBy Abu Dhabi Capital Management adcm, PRNE
Saturday, July 2, 2011
ABU DHABI, UAE, July 3, 2011 -
- Final Closing at USD 45 Million
Abu Dhabi Capital Management has announced the final closing of
its first fund; the ADCM Secondary Private Equity Fund closed at
USD 45 million, three months after its launch in March 2011.
The Fund is the first secondary private equity fund that mainly
focuses on investing in secondary private equity funds in the MENA
region, and is the first private equity fund in the MENA region to
close since June 2009.
The Fund acquired secondary private equity funds in the MENA, US
and Europe regions in the past three months, and is currently 40%
Abu Dhabi Capital Management will launch its second fund, which
will have a target size of USD 100 million, later this year.
Abu Dhabi Capital Management is an alternative investment firm
based in Abu Dhabi. It serves High Net Worth Individuals and
Institutions, and manages assets in the Middle East and other
For more information: Yumna Yousry, +971-2-639 -099, yumna at adcm.ae
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