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

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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.