GII, with over $4.5bn in assets under management, marks this investment as the second collaboration with Brookfield this year
The investment will allow CVC Capital Partners to substantially exit its GEMS stake five years after it bought into the firm
The asset management firm said at least 10 per cent of the fund’s capital will be provided by Brookfield, which manages a portfolio of $925bn
The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists
ADNOC is discussing moving its 51 per cent holding in the pipelines into a special-purpose vehicle
A consortium of investors will collectively acquire a 49 per cent stake in ADNOC Gas Pipeline Assets