Abu Dhabi-based International Holding Company announces $27.2bn 2PointZero Holding Company
Chimera Investments
Latest in Chimera Investments
Abu Dhabi
Abu Dhabi’s Chimera launches $50bn asset management firm
Lunate launches in Abu Dhabi with more than $50bn of assets under management
Abu Dhabi
Chimera Capital launches two new US Shariah-compliant ETFs on ADX
The new exchange traded funds (ETFs) from the Abu Dhabi investment firm will offer UAE investors direct access to US equity markets
Abu Dhabi
Middle East’s first special purpose acquisition company soars in Abu Dhabi trading debut
Trading follows the conclusion of ADC’s public subscription to retail and professional investors, which started on 12 May 2022 and raised a total of AED 367 million through an IPO of 36.7 million shares
Abu Dhabi
Bahrain’s Investcorp considers listing a special purpose acquisition company in the UAE: report
Investcorp, which has previously backed luxury brands Tiffany & Co. and Gucci Ltd., is working with banks including Moelis & Co on setting up a regional SPAC
Abu Dhabi
UAE’s first special purpose acquisition company to open IPO subscription period on 12 May
The company aims to raise $99 million (AED 367 million) through its IPO listing. ADC will float 36.7 million shares on ADX with an offer price of AED 10 per share.
Abu Dhabi
Abu Dhabi’s ADQ, Chimera Investments set up ADC as UAE’s first special purpose acquisition company
ADC Acquisition Corporation plans to raise $99.9 million through an initial public offering of 36.7 million shares on the ADX at an offer price of AED 10 per share
assets under management
How exchange traded funds are gaining regional traction
Abu Dhabi’s Chimera Capital’s ETF has hit AED100m in assets under management just short of its one-year anniversary