Dubai is creating a new sovereign wealth fund, bringing together chunky assets in part-privatized companies similar to Abu Dhabi’s ADQ, which has used its infrastructure-based capital to diversify globally, including into private equity.The new Dubai Investment Fund (DIF) will acquire stakes in the emirate’s utility company, DEWA, toll operator Salik...
Dubai is creating a new sovereign wealth fund, bringing together chunky assets in part-privatized companies similar to Abu Dhabi’s ADQ, which has used its infrastructure-based capital to diversify globally, including into private equity.The new Dubai Investment Fund (DIF) will acquire stakes in the emirate’s utility company, DEWA, toll operator Salik...