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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


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