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Alpha Wave joins near-$1 billion consortium investing in Adani Airport

Alpha Wave Global has joined a consortium of institutional investors committing nearly $1 billion in fresh equity to Adani Airport Holdings Limited (AAHL). The US-based manager is majority-owned by Abu Dhabi’s Judan Financial.

Alpha Wave Global, the US-based alternative asset manager majority-owned by Abu Dhabi's financial services holding company Judan Financial, has joined a consortium of institutional investors committing nearly $1 billion in fresh equity to Adani Airport Holdings Limited (AAHL). The group includes Qatar Investment Authority, GIC and Global Infrastructure Partners, and the investment is intended to support AAHL's expansion plans.