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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Investment, Market

Taqa to raise investment portfolio

Posted on 29 October 2008

From Business24-7.ae: The Abu Dhabi National Energy Company (Taqa), a semi-sovereign wealth fund controlled by the government, is pushing ahead with ambitious plans to lift its investment portfolio by nearly $39 billion (Dh143.24bn) within four years, its chief executive has said.

Peter Barker-Homek said the company is in control of a massive portfolio worth nearly $21bn and the next investment strategy would focus on the Middle East, India, Pakistan, North Africa, Europe and North America….. Full Article: Source


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