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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Abu Dhabi fund to invest in India

Posted on 17 January 2012

Sheikh Hamed Bin Zayed Al NahyanThe world’s largest sovereign wealth fund, Abu Dhabi Investment Authority (ADIA), with investible funds of more than $600 billion (Rs 30,60,000 crore), has decided to invest in India’s ambitious Delhi-Mumbai Industrial Corridor (DMIC) and other infrastructure projects.
ADIA will set up either a wholly-owned subsidiary or a joint venture with Indian financial institutions such as IDFC or IL&FS for long-term investment in infrastructure………………………………………..Full Article: Source


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