The Grand Court of the Cayman Islands dismissed a petition to wind up and liquidate Thalassa Investments L.P. on 12 June 2026.
The court found that allegations of breach of the Limited Partnership Agreement brought by certain limited partners against the fund’s general partner, a subsidiary of SHUAA Capital, were without merit.
The fund remains under the management of SHUAA GMC Limited, a wholly owned subsidiary regulated by the Abu Dhabi Global Market’s Financial Services Regulatory Authority.