King & Spalding Advised ADIB Capital On Launch Of Shari’a-Compliant European Logistics Fund
King & Spalding Advised ADIB Capital On Launch Of Shari’a-Compliant European Logistics Fund
A cross-office team from King & Spalding has successfully advised ADIB Capital, a wholly owned subsidiary of Abu Dhabi Islamic Bank (ADIB PJSC), on the launch of the ADIB European Logistics Fund I. The fund, which is registered with the Dubai Financial Services Authority (DFSA), will focus on Shari’a-compliant investments in logistics assets across Germany and Western Europe.
ADIB PJSC, one of the largest Islamic banks in the MENA region, boasts AED 223 billion in assets. Established in 1997, the bank provides a wide range of services, including retail, corporate, business, private banking, and wealth management solutions. Its subsidiary, ADIB Capital Limited, is a Shari’a-compliant asset manager, incorporated in the DIFC and regulated by the DFSA. Through its strong connection with ADIB PJSC, ADIB Capital has built a solid reputation as a trusted financial partner, offering a broad spectrum of investment services, including asset management and investment banking.
The King & Spalding team advising ADIB Capital was led by Partners James-Stull-&-Dounia-Mansour (Dubai), with assistance from Associates Herbert Kosy Nduka (New York) and Elisabeth Fapuro (Dubai).
