18.01.2016 - Abu Dhabi SWF pins PE hopes on Dodge
Sherwood Dodge has just become one of the most influential men in private equity (PE). The Abu Dhabi Investment Authority (ADIA) has just announced that it has appointed the former Deputy CEO of Hyundai Capital Services and Hyundai Card as global head of private equities in its private equities department. According to the Sovereign Wealth Fund Institute's (SWF Institute) estimate, ADIA had roughly US$773 billion of assets under management in 2014 – exceeded only by Norway's $855.4 billion Government Pension Fund Global. Dodge, previously CEO of GE Capital's equities business in Americas, where he led its PE activities, and GE Capital head of corporate development, will henceforth be handling the PE share of that huge capital pool...............................................Full Article: Source
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