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Invest AD’s UAE Equities Fund Raises $100 Million
ABU DHABI - Invest AD has raised over $100 million subscriptions to its newly launched UAE Equities Fund from institutional investors, reflecting rising interest in nation’s undervalued shares.
The company launched the fund to invest in the UAE’s stock markets last month, when it adopted a new name, “Invest AD”, to reflect its fast growing role as a manager of third-party money.
Invest AD, has built up strong investment management, private equity, real estate, infrastructure and investment banking teams to serve global clients.
“International investment portfolios are often seriously under-weighted this region,” said Invest AD Chief Executive Officer Nazem Fawwaz Al Kudsi.
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