Water Diplomat News Logo
Water Diplomat Logo
Water Diplomat News Logo

UAE: Abraaj Capital's Fund Closed With $500 Million USD

This is only an excerpt! Sign up for a free trial to receive CURRENT Daily Water Briefings or Weekly Water Newsletters. License Holders sign in to read the full text.

duBai, united arab emirates

— The first closing of Abraaj Capital's Infrastructure and Growth Capital Fund concluded with $500 million USD in commitments.

On final closing, the fund will have raised $2 billion USD.

The fund targets infrastructure investments in water, power and utilities, oil and gas, petrochemicals, industrials and mining, transportation and ports, health care and education.