backA cross-office King & Spalding team recently advised ADIB Capital, a wholly owned subsidiary of Abu Dhabi Islamic Bank (ADIB PJSC), on the launch of ADIB European Logistics Fund I. The fund is registered with the Dubai Financial Services Authority (DFSA) and will invest on a Shari’a-compliant basis in logistics assets across Germany and Western Europe.
ADIB PJSC is one of the largest Islamic banks in the MENA region and has AED 223 billion in assets. ADIB PJSC was established in 1997 and provides Retail, Corporate, Business, Private Banking and Wealth Management Solutions. The bank’s subsidiary, ADIB Capital Limited, is a Shari’a-compliant asset manager, incorporated in the DIFC and regulated by the DFSA. Leveraging its strong affiliation with ADIB PJSC, ADIB Capital Limited has established itself as a trusted financial partner for its clients. ADIB Capital offers a comprehensive suite of investment services, including both Asset Management and Investment Banking.
The King & Spalding team advising ADIB Capital was led by partners James Stull and Dounia Mansour (Dubai) who were assisted by associates Herbert Kosy Nduka (New York) and Elisabeth Fapuro (Dubai).