By: Ramy Sameeh
Abu Dhabi – Mubasher: Abu Dhabi Financial Group (ADFG) launched the Goldilocks Fund with a capital worth AED 735 million ($200 million) through Abu Dhabi Global Market (ADGM).
The new investment fund aims to seize “untapped opportunities” in the GCC markets, as well as targeting stocks that are attractive in terms of revenues and risks, Jassim Al Siddiqi, CEO and managing director of ADFG, said on the sidelines of a press conference.
For the first time in the region, the fund will be opened for all local and global investors through ADGM.
ADGM will allow fund managers, in the market or abroad, to establish investment funds within the scope of the international centre’s financial authority.
Translated by: Julian Nabil
