ADIH launches $300m Hospitality Development Fund for MENASA region | AltAssets Private Equity News

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ADIH launches $300m Hospitality Development Fund for MENASA region

21 Oct 2009

Abu Dhabi Investment House (ADIH) has launched its $300m Sharia-compliant Hospitality Development Fund (HDF), which will focus on investments in the GCC, Middle East, North Africa and Asia. ADIH predicts a minimum IRR of 20 per cent for the fund.

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