Abu Dhabi Capital Management Launches Secondary Private Equity FundBy Abu Dhabi Capital Management, PRNE
Monday, March 28, 2011
First Closing March 2011
ABU DHABI, UAE, March 29, 2011 - Abu Dhabi Capital Management has announced the launch of its first fund:
the ADCM Secondary Private Equity Fund, which has a target size of USD 100
million. The Fund had its first closing of USD 30 million earlier this month.
The final closing is scheduled to take place in February 2012 at USD 100
The Fund will be investing in secondary private equity funds in the MENA,
US, and Europe regions. This is the first secondary private equity fund that
mainly focuses on investing in secondary private equity funds in the MENA
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 geographies worldwide.
For more information: Yumna Yousry, +971-2-639-0099, yumna at adcm.ae
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