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Within a month of investing in the government-sponsored National Infrastructure Investment Fund (NIIF), the Abu Dhabi Investment Authority has picked up stake in Cube Highways, an investment platform of International Finance Corporation and private equity firm I Squared Capital.
Cube is one of the few institutional investment platforms that are present in the highways sector. The deal is one of the first private equity investment in the sector in the last few years. Edelweiss Financial Services were the sole advisors to Cube Highways.
While highway construction is dominated by family run businesses, private sector investment in this space
Cube is one of the few institutional investment platforms that are present in the highways sector. The deal is one of the first private equity investment in the sector in the last few years. Edelweiss Financial Services were the sole advisors to Cube Highways.
While highway construction is dominated by family run businesses, private sector investment in this space
