Abu dhabi investment authority

G42, the leading Abu Dhabi-based technology company, and Viola, Israel’s leading technology investment group with over USD 5 billion in assets under management, today launched Global Valley, a talent-as-a-service platform that meets the ongoing worldwide demand for top tech talent. The joint venture between G42 and Viola is supported by the Abu Dhabi Investment Office (ADIO) and will offer clients access to ready-to-go, end-to-end R&D and tech excellence centres. Global Valley will be one of the biggest employers of high-skilled tech talent in the region, sourcing exceptional employees globally across a variety of skill sets. Bridging the world’s long-term tech talent gap, Global Valley offers access to specialised resources, complementing Abu Dhabi’s deep existing talent pool and capability while also developing the local tech sector. Global Valley covers the resourcing requirements across the entire employee life cycle from acquisition to management and payroll, providing coverage across both standard technology roles as well as more niche requirements such as artificial intelligence and machine learning specialists. The teams based in Abu Dhabi will be a mix of global technology talent and Emirati professionals and serve as a natural extension of their clients’ core teams. Eng. Abdulla Abdul Aziz AlShamsi, Director General of ADIO, said: "The strength of Abu Dhabi’s innovation ecosystem and abundance of talent make the UAE capital the ideal base for Global Valley. The c...

Michelle P. Scott is a New York attorney with extensive experience in tax, corporate, financial, and nonprofit law, and public policy. As General Counsel, private practitioner, and Congressional counsel, she has advised financial institutions, businesses, charities, individuals, and public officials, and written and lectured extensively. According to the Sovereign Wealth Fund Institute's rankings, the ADIA sovereign wealth fund ranked as the third-largest in the world in 2022 with $708.75 billion in assets. It is one of the world's largest institutional investors. Norway’s sovereign wealth fund is the largest in the world and with over $1.26 trillion in assets, and the China Investment Corporation is second with $1.22 trillion. • The Abu Dhabi Investment Authority (ADIA) is a government-owned investment organization that manages the sovereign wealth fund for Abu Dhabi, United Arab Emirates. • The ADIA ranked as the third-largest sovereign wealth fund in the world in 2022 with over $708 billion in assets. • The ADIA prefers not to disclose its specific holdings, so little is known about its investment methodology or portfolio. Understanding the Abu Dhabi Investment Authority The huge amount of wealth managed by the ADIA is sourced primarily from Abu Dhabi's large oil reserves. The ADIA prefers to remain secretive, so not a great deal is known about its investment methodology or portfolio of holdings. ADIA’s mission is to "sustain the long-term prosperity of Abu Dhabi by pru...

Apollo Global Management Inc. +1.63% said Wednesday it received a commitment from Abu Dhabi Investment Authority (ADIA) for warehouse financing deals by its new asset-backed finance (ABF) franchise and Atlas SP Partners, its securitized credit origination business. Atlas SP is expected to be able to support about $15 billion of new warehouse financing commitments, including the backing from ADIA, with a focus on private investment grade and sub-investment-grade opportunities. “As the global fixed income market evolves, our strategy of scaled fixed income replacement is expanding into a broader array of private credit solutions,” said Apollo co-president Jim Zelter. Apollo stock is up 1.5% in premarket trades.

Key people Sheikh Sheikh US$853 Website .adia .ae The Abu Dhabi Investment Authority ( جهاز أبوظبي للاستثمار, ADIA) is a ADIA's operations have been characterized as secretive and opaque. History [ ] In 1967, Abu Dhabi emirate created the Financial Investments Board which operated within its Department of Finance and was responsible for managing the Emirate's excess oil revenues. However, in 1976, Sheikh [ citation needed] In the The operations of ADIA have historically and to the present been secretive and opaque. The fund is a member of the Strategy [ ] ADIA manages a substantial amount of capital, and is one of the world's largest investment funds. 20 year and 30 year annualized rates of return for the ADIA portfolio were 7.6% and 8.1%, respectively, as of 31 December 2010. Today ADIA invests in all the international markets — equities, fixed income and treasury, infrastructure, real estate, private equity and alternatives (hedge funds and commodity trading advisers — CTAs). Many of ADIA's investments have decreased substantially since investments were made at market peaks in 2007 and 2008. The $7 billion investment in Citigroup has lost approximately 90% of its value as of 26 November 2009, 2 years after it acquired a sizable stake in the bank. Its investments in global real-estate at the market top in 2008 have also decreased substantially in value. Though it talks of its long term success in generating returns, the fact that it has moved closer to the index and manag...

Jerome Mourgue d'Algue is now sole global head of private equity at Abu Dhabi Investment Authority, a spokesman confirmed. Mr. Mourgue d'Algue was global co-head of private equity alongside the other co-head, Sherwood Dodge, who left the sovereign wealth fund. Mr. Dodge wasn't immediately available to comment about his next appointment. The sovereign wealth fund has about $829 billion in assets. Its private equity allocation is between 7% and 12% of its total assets.