Abu Dhabi-listed Finance House said on Sunday it had acquired CAPM Investment, a firm providing investment banking, asset management and financial advisory services in the emirate.No financial details of the transaction were disclosed in a statement by Finance House.

CAPM Chief Executive, Mahdi Mattar, said in the statement that the firm had mandates in both equity and debt-capital markets, adding that it was the lead manager in a local initial public offering in the United Arab Emirates without specifying the name of the company.