Abu Dhabi – Mubasher: Waha Capital on Monday announced that it allocated $50 million (AED 184 million) to invest in private debt assets, according to the company’s capital market managing director Mirza Beg.

Waha Capital is waiting for the right time to launch its private debt investment fund, which will generate attractive returns, Albayan reported, citing the top official as saying.

Private debt market grew rapidly in Europe and North America following the global financial crisis, Beg said. 

Beg further added that Waha Capital is planning to invest in several sectors, including, but not limited to, health care, education, energy, and services.