06.07.2009 - IPIC secures US$5 billion in funding
From Arabianoilandgas.com: The Abu Dhabi sovereign wealth fund, International Petroleum Investment Company (IPIC), has announced that it has successfully completed a US$5 billion fund-raising exercise. IPIC, who are responsible for making investments in the hydrocarbons industry for the Abu Dhabi government said that the Bank of Tokyo-Mitsubishi, HSBC Bank Middle East and Banco Santander have been appointed as co-ordinators to jointly arrange syndicated term loan facilities to support financing requirements.........Full Article: Source