Boulos Capital Management said on Wednesday it had secured a commitment from the Abu Dhabi Investment Authority, one of the United Arab Emirates’ sovereign wealth funds, to invest in its special situations strategy that would raise the strategy’s assets under management to about $5 billion.
Paulus Capital Management is a London-based alternative credit strategy firm with offices in London and New York, with $11 billion in assets under management.
Paulus's special situations strategy focuses on the secondary markets for bonds and loans.
Hamad Shahwan Al Dhaheri, Executive Director of Private Equity at ADIA, said: “We look forward to capitalising on the growing opportunity through our commitment to invest with Paulus, which has extensive experience in providing innovative and bespoke solutions in a variety of settings.”
