Key Takeaways
- • Arada Capital has joined the Abu Dhabi Global Market (ADGM) as a fund manager, targeting USD5 billion in assets under management over the next four years, subject to grant of its Financial Services Permission (FSP).
- • Abdullah Mohammed Al Mazrui, former MD and CEO of the National Bank of Abu Dhabi, has been appointed an independent member of Arada Capital's Board of Directors.
- • Aastha Billore, who previously held senior roles at Meraas, Dubai Holding, Careem (Uber) and Shamal Holding, has been named Chief Investment Officer.
- • The firm will initially focus on GCC real estate, with plans to expand into infrastructure and selected global markets, and aims to connect institutional and family office capital with opportunities.
Summary
Arada Capital, the investment arm associated with Arada, has joined the Abu Dhabi Global Market (ADGM) and strengthened its leadership with two senior appointments. According to the company's announcement, Abdullah Mohammed Al Mazrui has been appointed as an independent member of the Board of Directors. Al Mazrui brings more than four decades of experience across banking, investment and commerce. He currently chairs Mazrui International and sits on the board of Investcorp in Bahrain, and his previous roles include Managing Director and CEO of the National Bank of Abu Dhabi, Chairman of Aramex and Director of the Federal National Council.
Aastha Billore has been appointed Chief Investment Officer. She brings nearly two decades of experience in capital raising, M&A and strategic transactions across Dubai's major developments, with prior senior roles at Meraas, Dubai Holding, Careem (Uber) and Shamal Holding.
HRH Prince Khaled bin Alwaleed bin Talal Al Saud, Executive Vice Chairman of Arada and Chairman of Arada Capital, said the platform aims to connect institutional and family office capital with carefully selected opportunities, supported by governance and investment discipline, across the GCC and, over time, internationally. Moustafa Fahour OAM, CEO and Managing Director of Arada Capital, said access to Arada's pipeline gives the firm a strong starting point, while its mandate also allows it to pursue third-party opportunities.
Subject to the grant of its FSP, the fund manager targets USD5 billion in AUM over four years following fund establishment in ADGM. The strategy combines Arada's development expertise and regional relationships with disciplined investment assessment, with opportunities evaluated on individual merits and a focus on investor alignment and long-term value creation.
Aastha Billore has been appointed Chief Investment Officer. She brings nearly two decades of experience in capital raising, M&A and strategic transactions across Dubai's major developments, with prior senior roles at Meraas, Dubai Holding, Careem (Uber) and Shamal Holding.
HRH Prince Khaled bin Alwaleed bin Talal Al Saud, Executive Vice Chairman of Arada and Chairman of Arada Capital, said the platform aims to connect institutional and family office capital with carefully selected opportunities, supported by governance and investment discipline, across the GCC and, over time, internationally. Moustafa Fahour OAM, CEO and Managing Director of Arada Capital, said access to Arada's pipeline gives the firm a strong starting point, while its mandate also allows it to pursue third-party opportunities.
Subject to the grant of its FSP, the fund manager targets USD5 billion in AUM over four years following fund establishment in ADGM. The strategy combines Arada's development expertise and regional relationships with disciplined investment assessment, with opportunities evaluated on individual merits and a focus on investor alignment and long-term value creation.
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