02.07.2014 - ADIA expands alternative investment teams
The Abu Dhabi Investment Authority (ADIA) has expanded its investment teams for illiquid asset classes such as real estate, infrastructure and private equity. The sovereign wealth fund also restructured its accounts department and recruited for its IT team, and says overall staff numbers rose to more than 1,500 at the end of last year, an increase of 100 compared with 2012. “We have built out our investment teams in the illiquid space, such as real estate, infrastructure and, more recently, private equity, adding considerable expertise across geographies and asset specialisation,” says Hamed bin Zayed Al Nahyan, managing director, in the fund's 2013 review...............................................Full Article: Source
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