UAE-based investment firms Alpha Dhabi Holding and IHC will make AED367 million ($100 million) and AED183 million investments, respectively, into Borouge’s initial public offering (IPO) as cornerstone investors.
UAE-based investment firms Alpha Dhabi Holding and IHC will make AED367 million ($100 million) and AED183 million investments, respectively, into Borouge’s initial public offering (IPO) as cornerstone investors.
(Bloomberg) A United Arab Emirates investment firm linked to an influential member of Abu Dhabi’s ruling family has emerged as a backer of one of the largest funds in venture capital history, joining forces with New York-based Alpha Wave to deploy $10 billion from India to the U.S.