| From Koreatimes.co.kr: Two foreign funds ? Middle East-based Jabez Partners and U.S. TR America consortium ? have been picked as preferred bidders for Daewoo Engineering & Construction, Kumho Asiana Group said Monday.
Jabez Partners was founded in 1977 by the Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund owned by Abu Dhabi, the United Arab Emirates, with $800 billion under management. The fund is reportedly attracted to Daewoo, as the builder grew through large-sized construction projects in the oil-rich region during the 1970s and '80s..............................Full Article: Source
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