| 06.08.2008 - Abu Dhabi fund to name US targets - Zawya |
| From Zawya.com: Abu Dhabi's increasingly active state investment vehicle, is expected to announce new deals in the next four to six weeks as it seeks to take advantage of continuing financial turmoil in global markets, including opportunities in the depressed US property market. Waleed Ahmed al-Mork-arrab al-Muhairi, Mubadala's chief operating officer, told the Financial Times that the company was looking at heavy industrial type deals, as well as property. "This is a defining mom-ent. Debt markets are a little thin, capital markets are -volatile and so there is opportunity. We are spending a lot of time making sure we deploy wisely and that we build the right businesses and partner with the right businesses," Mr Muhairi said... Full article: Source |