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Asset/Investment Management
chimerainvestment.com

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Investments

17

Portfolio Exits

1

Funds

1

About Chimera Investments

Chimera Investments is an Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and regional markets. The firm seeks value-creation opportunities where it can invest proprietary capital and keep in-line with its investment philosophy and key guiding principles.

Chimera Investments Headquarter Location

Royal Group Headquarters Building Khalifa Park

Abu Dhabi,

United Arab Emirates

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Latest Chimera Investments News

ADQ, Chimera launch UAE’s first special purpose acquisition firm

Apr 12, 2022

ABU DHABI, 2 hours, 32 minutes ago UAE-based investment and holding company ADQ has joined forces with Chimera Investments, a leading private Abu Dhabi investment firm managing a diversified portfolio of listed and unlisted equities on both local and international markets, to establish the country's first special purpose acquisition company - ADC Acquisition Corporation (ADC). ADC was established by ADQ, through its Alpha Oryx special purpose vehicle, and Chimera Investments as a SPAC for the purpose of identifying and combining one or more businesses. In its search for acquisition opportunities, ADC intends to identify scalable businesses with strong management teams. Announcing the launch, the duo said ADC plans to raise AED367 million through an Initial Public Offering (IPO) of 36.7 million shares at an offer price of AED10 per share. Shares will be sold to qualified retail and professional investors in a public subscription in the UAE and listed on the Abu Dhabi Securities Exchange (ADX). The launch of ADC will offer target businesses an opportunity to access capital in Abu Dhabi’s capital markets through a faster, less expensive alternative to the traditional IPO method. These companies will also benefit from access to the extensive, multi-sector expertise and combined network brought by ADQ and Chimera Investments, it stated. ADC will be led by an accomplished board and management team with a strong reputation in the industry and a wide range of complementary knowledge and skills. Mohamed Hassan Alsuwaidi, Managing Director and CEO of ADQ, will be Chairman of the new entity, while Syed Basar Shueb, Chairman of Chimera Investments, will be the Vice Chairman. On the Chimera partnership, Alsuwaidi said it was mainly aimed at launching ADC Acquisition Corporation, a SPAC that will target companies in the Mena region that are fast-growing, technology-driven businesses with strong management teams and attractive valuations. "Through ADC, we are creating a desirable investment structure in the UAE that is well positioned to identify and consolidate target companies through a differentiated approach, providing private companies a new route to funding from public markets and investors with access to an innovative investment product," he noted. Shueb said with the launch and listing of ADC, Chimera aims to capitalize on ADX’s newly-issued SPAC regulations, offering investors faster access to capital, higher transparency and lower fees. "This in turn will increase liquidity and access to financing for Mena-based businesses and reaffirms our leading role in helping to develop the UAE’s capital markets," he added. ADX was the first market in the region to introduce comprehensive listing rules under the regulatory framework for SPACs, which was issued by the UAE’s Securities and Commodities Authority (SCA) in February 2022.-TradeArabia News Service Tags:

Chimera Investments Investments

17 Investments

Chimera Investments has made 17 investments. Their latest investment was in Elwood Technologies as part of their Series A on May 5, 2022.

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Chimera Investments Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/16/2022

Series A

Elwood Technologies

$70M

Yes

9

5/10/2022

Series C - II

Kitopi

$300M

No

4

3/29/2022

Series D

Classplus

$70M

Yes

4

2/17/2022

Series E

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$99M

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10

2/7/2022

Series E

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$99M

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10

Date

5/16/2022

5/10/2022

3/29/2022

2/17/2022

2/7/2022

Round

Series A

Series C - II

Series D

Series E

Series E

Company

Elwood Technologies

Kitopi

Classplus

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Amount

$70M

$300M

$70M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

9

4

4

10

10

Chimera Investments Portfolio Exits

1 Portfolio Exit

Chimera Investments has 1 portfolio exit. Their latest portfolio exit was Delhivery on May 11, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/11/2022

IPO

40

Date

5/11/2022

Exit

IPO

Companies

Valuation

Acquirer

Sources

40

Chimera Investments Fund History

1 Fund History

Chimera Investments has 1 fund, including Chimera Global Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/13/2021

Chimera Global Fund I

$75M

3

Closing Date

12/13/2021

Fund

Chimera Global Fund I

Fund Type

Status

Amount

$75M

Sources

3

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