Mid East investor plans $200m AIM spin-off
Abu Dhabi Capital Management, a private equity fund, said it plans a $50m AIM listing of a closed ended investment company which will invest in undervalued equity and debt assets in the GCC region. It will target a $200m size for the fund, called Qannas, and plans to quickly return to investors with pre-emptive capital raises as it deploys its firepower.
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