Arcapita had raised more than two-thirds of a USD 400 mn rights issue

Arcapita had raised more than two-thirds of a USD 400 mn rights issue from existing shareholders and hoped to conclude the deal by the end of this month according to the CEO. Arcapita has a number of deals ahead, such as 2 acquisitions in Asian infrastructure or real estate sectors, buying up the assets from the Australian power investment firm Babcock & Brown Power and a USD 3.5 bn residential real estate project in Qatar with Kuwait's Al-Imtiyaz Investment.