Aaabar Investments PJSC invests $54.2 million in two Microfinance Funds

Microfinance Focus, July 12, 2010: Abu Dhabi based Investment Company, Aaabar Investments PJSC has yesterday announced an investment worth $54.2 million into two global base of pyramid investment funds, BlueOrchard and Oasis Fund. The total investment, $ 34.5 million in BlueOrchard Private Equity Fund S.C.A, SICAV-FIS and $ 19.8 million in Oasis Fund, S.C.A., includes actualization interest in addition to subscription amounts.

Aabar Investments PJSC is listed on the Abu Dhabi Securities Exchange. It directly invests in various sectors including energy, infrastructure, real estate, automotive and financial services companies. Its largest stakeholder is the International Petroleum Investment Company, which in turn is wholly owned by the Government of the Emirate of Abu Dhabi.

The Oasis Fund is an investment fund registered in Luxembourg and advised by Bamboo Finance. It invests in innovative, commercially viable enterprises that directly benefit low-income communities by providing access to healthcare, energy, clean water, housing, education and the like which are designed to generate significant social impact and solid financial return. The fund has a total subscribed capital base of $ 48 million.

The BlueOrchard Private Equity Fund is an investment fund registered in Luxembourg and advisd by BlueOrchard Investments. It seeks to forge long-term partnerships with microfinance organizations across the world. It acquires minority stakes in their capital while playing an active governance role by sharing international experience, information, networks, knowledge and by taking an active role at a board level. The fund has a total subscribed capital base of $195 million.

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