Home » Abu Dhabi Investors »

||  Aabar Investments and Austrian firm establishing joint investment company

AbuDhabiInvestorsAbaarAustria.jpgAabar Investments, one of the investment firms from Abu Dhabi, and the Austrian based Berndorf AG have agreed to establish a joint investment company, ABAG Aktiengesellschaft, incorporated in Austria.

Aabar Abu Dhabi investors and Berndorf intend to use ABAG as their joint venture vehicle to earn long-term returns as substantial investors in medium-sized, internationally orientated technology based companies as well as a holder of real estate portfolios in Europe.

Their joint fund currently has $213 million. (Aabar Abu Dhabi investors will hold two-thirds and Berndorf one-third of the share capital of ABAG. In addition, Berndorf will provide management services to ABAG.)

Previous Post: Abu Dhabi Investors and Indian Conglomerate in Africa telecom venture
Next Post: Abu Dhabi Investors fund to invest in European real estate

|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.

|| Subscribe

Copyright 2007-2017 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter