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Chimera Capital holds second close of Alpha Wave Ventures II fund at USD10bn

Chimera Capital Limited, an ADGM-regulated fund manager and wholly-owned subsidiary of Abu Dhabi-based private investment fund Chimera Investment, has held the second close of its Alpha Wave Ventures II fund at USD10 billion.

The fund, which is co-managed with Alpha Wave Global (formerly Falcon Edge Capital), will target high-quality, exclusive assets globally with a focus on FinTech, artificial intelligence, life sciences, consumer internet and B2B sectors. 

Alpha Wave Ventures II is a multi-stage fund primarily concentrated on growth stage companies with clear exit strategies.

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