Abu Dhabi Firm Ramps Up Deals With Whoop Funding, US Gas Foray

One of Abu Dhabi’s newest investing giants is picking up the pace of dealmaking in the face of an escalating war in the region, unveiling an investment in fitness band maker Whoop Inc. and agreeing to buy a US gas infrastructure firm.

2PointZero Group PJSC, part of a business empire overseen by Sheikh Tahnoon bin Zayed Al Nahyan, said it is among investors in Boston-based Whoop’s new funding round that values the firm at $10.1 billion. Less than a day earlier, the Emirati firm agreed to acquire a 100% stake in Traverse Midstream Partners LLC for $2.25 billion. ...