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.
Read more: Private Equity Wire
