Islamic Finance

Biggest Abu Dhabi wealth fund expands foray into private markets


Published 08 Sep,2021 via Bloomberg Technology & Innovation - The Abu Dhabi Investment Authority is giving itself more room to invest in private markets after a record year of dealmaking for its buyout division during the pandemic.

The emirate’s biggest sovereign wealth fund, which oversees assets estimated at $686 billion, has raised its target allocation range for private equity and infrastructure, according to its 2020 annual review released on Wednesday.

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Nicolas Parasie