Qualitas secures additional $449m commitment from ADIA

Qualitas has secured a second commitment of A$700 million ($449 million) from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).

ADIA will now invest a total of A$1.4 billion ($900 million) in Qualitas Diversified Credit Investments (QDCI), following its initial A$700 million ($449 million) investment in August 2022 that led to the establishment of QDCI. The additional commitment brings Qualitas’s total FUM to A$7.5 billion ($4.8 billion), of which 78 percent (A$5.8 billion/$3.7 billion) is in private credit and 81 percent is invested on behalf of institutional investors.

Qualitas’s co-investment in QDCI has increased from A$35 million to A$50 million ($22 million to $32 million).