- Abu Dhabi’s sovereign wealth fund has increased its funding commitment to Cheyne Capital’s real estate private credit strategy in Europe.?
- The Abu Dhabi Investment Authority (ADIA) committed an undisclosed amount to Cheyne’s programme, dubbed as the capital solutions strategy, bringing the total commitment to ￡650 million ($836 million), European media reported on Tuesday.
- The Abu Dhabi fund operator Mubadala has signed up with the U.S.-based fund-of-funds venture capital firm Blue Opal Capital, thus becoming an anchor investor in the latter's?second VC fund.?
- Blue Opal Capital had recently launched a fund-of-fund platform to?identify?and invest?in?'exceptional' entrepreneurial venture capitalists, with particular emphasis on such opportunities within the U.S. itself.
- In a bid to further boost economic growth, the Abu Dhabi Investment Office (ADIO) has signed a letter of intent with Western Australia’s (WA) Department of Jobs, Tourism, Science and Innovation.
- The collaboration aims to accelerate growth across shared areas of economic interest, marking a milestone in ADIO’s efforts to strengthen relations with Australia and drive greater private sector opportunities.
- U.S.-based climate technology firm CarbonCapture secured $80 million (AED 293 million) in funding from various investors, notably Saudi Aramco's venture capital unit.
- Prime Movers Lab spearheaded the Series A fundraising, with contributions from Aramco Ventures, Amazon's Climate Pledge Fund, Siemens Financial Services, Idealab X, and Marc Benioff's Time Ventures.
