Abu Dhabi: Waha Capital, a leading Abu Dhabi-based investment company, has recorded a net gain of AED 40 million through the divestment of its remaining stake in New York-listed AerCap Holdings NV.
Waha Capital, which has been a shareholder in AerCap since 2010, has been reducing its stake gradually in recent years to reallocate capital in diverse investments to enhance shareholder value.
This divestment is line with the turnaround strategy rolled out early this year.
Waha Capital invests in energy, financial services, healthcare, infrastructure and other high-potential sectors through its private investments business. The company’s asset management business offers credit and equity funds to third-party investors.
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About Waha Capital
Waha Capital is an Abu Dhabi-listed investment company that offers shareholders and third-party investors exposure to high-potential opportunities in diversified asset classes. The company manages assets across several sectors, including healthcare, financial services, energy, infrastructure, industrial real estate and capital markets. Through its Principal Investments division, Waha Capital has established a strong investment track-record, deploying capital in sectors that display robust demand fundamentals and that have been prioritised by governments in the Middle East and North Africa region.
The company has also built a strong capability in managing global and regional credit and equity portfolios, which have enhanced the diversification and liquidity of Waha Capital’s balance sheet. The excellent performance of the company’s principal investments and capital markets portfolios has laid the foundations for the launch of an asset management division aimed at third-party investors.
Established in 1997, Waha Capital benefits from a roster of prominent local shareholders that includes Mubadala Investment Company.
For further information, please visit www.wahacapital.ae or contact:
Louy Al Assadi
Marketing & Corporate Communications, Waha Capital
Tel: +971 2 403 9346
E-mail: louy.alassadi@wahacapital.ae
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