A unit of the Abu Dhabi Investment Authority has invested in Hong Kong-based private credit manager Dignari Capital Partners, committing capital to its Asia Pacific Developed Markets Private Credit Strategy.
The fund focuses on real estate-linked private credit opportunities and will provide financing to developers, construction firms and related sectors across developed markets in the Asia-Pacific region, particularly Hong Kong. The value of ADIA’s investment was not disclosed.
ADIA, which manages over USD 1 trillion in assets on behalf of the Abu Dhabi government, has been steadily expanding its exposure to private credit globally. Separately, the wealth fund has partnered with Christofferson Robb & Company to establish a new fund targeting Significant Risk Transfer (SRT) transactions and other credit strategies, while also acquiring a participation interest in the firm.
Gulf Economist Staff Writer