Global law firm K&L Gates acted as sole legal advisers to Abu Dhabi Investment Company (Invest AD) in connection with the establishment and licensing of Invest AD’s fund management subsidiary, which was the first manager authorised by the Securities and Commodities Authority under its new investment funds regulations.
Invest AD, a subsidiary of Mubadala Investment Company, has announced the launch of the Invest AD Blackstone Private Debt Fund, an SCA-regulated fund, which will offer local feeder access to Blackstone’s US and European private credit strategies.
Abu Dhabi's Invest AD launches fund offering UAE investors access to Blackstone's credit platform zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Abu Dhabi Investment Company (Invest AD) is a wholly-owned subsidiary of Mubadala Investment Company. Abu Dhabi Investment Company is part of the Abu Dhabi Investment Council. Mubadala eventually absorbed Abu Dhabi Investment Council. Invest AD disclosed the launch of the Invest AD Blackstone Private Debt Fund allowing investors in the United Arab Emirates to access…