According to a press release by Dignari, 'Adia', through its wholly-owned subsidiary, has committed capital to Asia Pacific Development Markets Private Credit Strategy, a subsidiary of Dignari. The company finances development and construction firms, as well as other operations, across advanced markets including Hong Kong. Last year, Dignari provided a private two-year loan of up to HK$900 million ($115 million) to Hong Kong's developer Tai Hung Fai Enterprises, founded by a billionaire.
Adia Invests in Dignari Capital Partners in Asia
The Abu Dhabi Investment Authority's fund Adia has invested in Dignari Capital Partners, which specializes in private debt. Last year, Dignari also provided a significant private loan to the Hong Kong developer Tai Hung Fai Enterprises.