| From Reuters: Quam Ltd is partnering Abu Dhabi government-owned Invest AD to launch a Middle East equities fund targeted at Asian investors. Invest AD, formerly known as Abu Dhabi Investment Company, is a wholly-owned by sovereign wealth fund Abu Dhabi Investment Council. The firm began managing third-party money a year ago.
The Quam Middle East fund will look to raise around $50 million to invest primarily in companies in the UAE, said Bernard Pouliot, chairman of Quam. "After what happened with Dubai, unfortunately the whole region got painted with the same brush..............................................Full Article: Source
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