Abu Dhabi Investment Company (Invest AD), a wholly owned subsidiary of Mubadala Investment Company (Mubadala), has announced the launch of the Invest AD Blackstone Private Debt Fund, an SCA regulated fund which will offer local feeder access to Blackstone’s U.S. and European private credit strategies.
The feeder brings Blackstone’s institutional-calibre credit platform to qualified non-US investors, primarily in the UAE. Invest AD Blackstone Private Debt Fund is the first global private credit fund of funds vehicle for professional investors in the UAE, following the SCA regulatory announcements in January 2023.
The launch broadens access to an asset class that has historically only been primarily accessible to institutional investors.
