ADIA backs Europe’s Cheyne Capital with a £650 million investment in its real estate private credit strategy

March 13, 2024

Abu Dhabi’s sovereign wealth fund has increased its funding commitment to Cheyne Capital’s real estate private credit strategy in Europe.

The Abu Dhabi Investment Authority (ADIA) committed an undisclosed amount to Cheyne’s programme, dubbed as the capital solutions strategy, bringing the total commitment to £650 million ($836 million), European media reported on Tuesday.