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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Abu Dhabi Investment Co. plans to start equity funds

Posted on 29 October 2008

From Khaleejtimes.com: Abu Dhabi Investment Co., the government-controlled fund manager with more than $2 billion in assets, plans to start equity funds as it looks to manage more third-party money.

The open-ended funds, to be seeded with some capital from ADIC, will focus on the Middle East and North Africa and will be started in the first quarter of 2009, Mohammed Al Hashemi, executive director of asset management at ADIC, said in an interview in London on Tuesday….. Full Article: Source


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