The Abu Dhabi Investment Authority (Adia) has decided to invest in Dignari Capital Partners, a private credit investment manager located in Hong Kong that specializes in real estate within the Asia-Pacific (Apac) area.
This subsidiary of the UAE’s sovereign wealth fund will support a private credit fund aimed at providing customized and structured financing to developers, construction firms, financial institutions, and investors in Apac, with a special emphasis on Hong Kong.
According to Dignari’s announcement, the private credit fund plans to pursue funding opportunities across various segments, including residential, office spaces, retail, student accommodations, serviced apartments, co-living spaces, data centers, and logistics.
Moreover, the fund will target “value-add” projects such as converting student accommodations and upgrading hotels in Hong Kong to address market needs.
“Private credit is increasingly recognized as a vital source of capital solutions in Hong Kong’s real estate sector,” stated Mohamed Al Qubaisi, executive director of Adia’s real estate department.
Dignari co-founder Grace Tan mentioned that Adia is expected to invest “significant capital” into real estate prospects in the developed markets of Apac soon.
Earlier this month, a division of Adia revealed its intention to collaborate with Ardian, a French private investment firm, to establish a platform focusing on real estate secondaries.
The market for real estate secondaries has expanded in recent years, with transaction volumes hitting a record $20 billion in 2025, as reported by Ardian.
The secondaries market entails the buying and selling of interests in private real estate funds or assets, granting new companies access to pre-existing portfolios.
Additional Insights:
In 2022, Adia indicated that its fixed-income division was increasing investments in private credit to improve returns in a low-yield economic environment.
Last September, Mubadala, another sovereign wealth fund from Abu Dhabi, announced a partnership with Citigroup and Apollo, the asset manager known for various private credit structures, to create a $25 billion fund and “direct lending program.”
According to the CEO of US-based asset manager Monroe Capital, private credit is set to become the “most sought-after asset class” in the region by 2024.
