UAE – Mubasher: Abu Dhabi-based investment and holding firm ADQ invested $125 million in private equity firm Aliph Capital for the latter’s Aliph Fund I (LP), according to a press release.

Aliph Fund I (LP) is a $250 million target private equity fund based in Abu Dhabi Global Market (ADGM) and aims to invest in key mid-sized firms across the UAE and the GCC to boost their expansion and growth.

Furthermore, the GCC-centric Aliph Capital plans to hold active positions in privately owned mid-market firms across the Gulf region that have strong business fundamentals. It also aims to witness positive returns through active ownership combined with opportunities, institutional governance standards, and digitalisation.

It is worth noting that Aliph Capital is an alternative investment manager founded by Huda Al Lawati.

Murtaza Hussain, Chief Investment Officer (CIO) of Alternative Investments and M&A at ADQ, said: “Our investment in Aliph Capital underlines our commitment to delivering on a financially driven mandate that creates long-term value for Abu Dhabi.”

Hussain added: “Building a strategic partnership with an Abu Dhabi-based private equity fund dedicated to serve SMEs further supports our aim to accelerate sustainable economic development and growth within the UAE and region.”

Recently in October, ADQ fully acquired Etihad Aviation Group (EAG), the parent entity of Etihad Airways.