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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Investcorp plans talks with Abu Dhabi’s ADIA

Posted on 11 November 2016

Investcorp expects to reach its target of $25 billion for assets under management (AUM) next year, by which time it will have a strategy formulated to take the measure to $100 billion, chairman Mohammed al-Ardhi said.
The investment firm is also planning to approach Abu Dhabi Investment Authority (ADIA), in a bid to broaden its investor base. In July this year, Abu Dhabi state investment fund Mubadala agreed to acquire a 20 percent stake in Investcorp at an undisclosed value………………………………………Full Article: Source


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