UAE - Mubasher: Al Dhabi Capital (ADC), the Abu Dhabi-based asset manager, has introduced a new equities fund that focuses on the Middle East and North Africa (MENA) region, Reuters reported.
The ADC's new fund is seeded with $100 million from its UAE-based parent company Al Dhabi Investment, a private joint-stock company.
Through the new fund, the company aims to invest in liquid equities with a long-term approach.
Based in Abu Dhabi Global Market (ADGM), ADC manages more than $600 million in public equities on behalf of institutional investors.
