Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Abu Dhabi state fund moves deeper into mortgages

Posted on 09 June 2009

From Forbes: An investment fund run by the Abu Dhabi government is looking to boost its stake in a mortgage lender created to protect the emirate’s booming property market from the global economic crisis.

Ali Eid al-Mehairi, chairman of the mortgage provider Abu Dhabi Finance, said in an e-mail Monday that the state-run fund Mubadala Development is seeking to increase its stake to 52 percent. Al-Mehairi is also development director of Mubadala……..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15434 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031