12th June, 2023
Abu Dhabi state-owned investors indicated their interest in backing the war-torn Ukrainian economy as representatives of the funds joined a top-level bilateral meeting at the weekend, at which the Ukrainian government announced its intentions to set up a sovereign wealth fund.
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22nd May, 2023
Abu Dhabi’s Mubadala reported a 2.9% drop in assets under management to AED1,015 billion (US$276 billion) in 2022, the largest contraction since 2014, but its -3.1% single-year return outstripped the benchmark and industry average (-8.1%)
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11th May, 2023
Sovereign wealth funds of Saudi Arabia and Abu Dhabi - the Public Investment Fund (PIF) and Mubadala – continue to be major losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.
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10th May, 2023
Mubadala is furthering its ambition to become a major player in global credit markets with the expected purchase of asset manager Fortress Investment Group from SoftBank Group for US$3 billion, according to the FT.
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9th May, 2023
India’s state-owned strategic fund the National Investment and Infrastructure Fund (NIIF) is planning to launch a second fund of funds this year to inject US$1 billion in liquidity into funds operated by local asset managers, according to The Mint – the fund has made no official announcement.
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25th April, 2023
Abu Dhabi sovereign wealth fund Mubadala is backing a major leap forward in aviation by funding a US$2.5 billion project to build a sustainable fuel plant in Brazil.
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19th April, 2023
A leading Indian infrastructure investment trust, Cube Highways Trust, has won the backing of Canadian public pension fund British Columbia Investment Management Corporation (BCI) and Abu Dhabi’s sovereign investor Mubadala as anchor investors in its INR52.2 billion (US$630 million) listing.
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22nd March, 2023
Abu Dhabi sovereign wealth fund Mubadala is accelerating its private credit strategy with a joint venture with Ares to invest in global credit markets.
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9th March, 2023
Since Sheikh Khalifa’s demise on May 13, 2022, there has been a lot of speculation in Abu Dhabi, recently dubbed the Capital of Capital, around the new sharing of responsibilities, both political and financial.
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6th March, 2023
Two funds chaired by Abu Dhabi powerhouse Sheikh Tahnoon bin Zayed al-Nahyan are planning to create one of the Middle East’s biggest independent asset managers, with General Atlantic joining as a strategic investor and partner in the new entity.
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27th February, 2023
The UAE sovereign-backed green energy group Masdar and Indonesia’s sovereign wealth fund the Indonesia Investment Authority (INA) were leading participants in the IPO of Pertamina Geothermal Energy (PGE), one of the world's biggest geothermal energy producers.
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22nd February, 2023
The Oman Investment Authority (OIA) is increasingly central to the Gulf state’s economic development as the government seeks to improve the business climate and bolster infrastructure.
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