Abu Dhabi Investment Authority is building its in-house teams and is focusing more on core PE manager relationships, but it sees potentially lower returns in the asset class.
Abu Dhabi's sovereign wealth fund has made Hong Kong its only overseas branch with the hire of a three-strong research team, continuing the buildout of its in-house capabilities.
The Abu Dhabi Investment Authority has hired Sherwood Dodge as it steadily builds its in-house capabilities with a view to doing more private equity co-investment.
The Abu Dhabi sovereign wealth fund sees emerging markets, notably China, taking a bigger role in global growth and is positioning itself accordingly.
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The arm of the Singapore state fund has become the third institution to exceed $1 billion in qualified foreign institutional investor quota. There were also other chunky QFII handouts last month.