To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

4,5
Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
Languages
Recent
Show all languages
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.
.
Leo
Newton
Brights
Milds

Abu Dhabi Investment Council

From Wikipedia, the free encyclopedia

Abu Dhabi Investment Council
Company typeSovereign wealth fund
IndustryInstitutional investor
Founded2007
Headquarters,
United Arab Emirates
Key people
Number of employees
199 (2011)
ParentMubadala Investment Company[1]
Websiteadcouncil.ae/

The Abu Dhabi Investment Council (Arabic: مجلس أبوظبي للاستثمار; ADIC) is one of the investment arms of the government of Abu Dhabi. It started operations in April 2007, as a spin-off of the Abu Dhabi Investment Authority (ADIA). The council is responsible for investing the government's surplus, targeting positive capital returns through diversified asset classes and active investments.[2][3][4] Since 2019, ADIC has been part of Mubadala.

YouTube Encyclopedic

  • 1/3
    Views:
    83 738
    3 857
    3 593
  • The $40 Billion Plan to Transform Abu Dhabi
  • Abu Dhabi Investment Authority
  • How To Set Up Your First Private Equity Fund (By 21 Years Old)

Transcription

History

The Abu Dhabi Investment Council was splintered off from ADIA in 2007 and took over all local subsidiaries previously owned by ADIA including Abu Dhabi Commercial Bank, National Bank of Abu Dhabi and Abu Dhabi Investment Company (Invest AD).[5] Since 2013 the council has been based at Al Bahr Towers.[6][7] In 2019, the ADIC became a part of Mubudala Investment Company.

Investment strategy

The investment strategy of the council seeks to achieve risk-adjusted returns while preserving capital. Although the council invests globally, there is a strong focus of investing in Abu Dhabi's economy. Some of its significant investments include:[8][9][10]

Notably in 2008, the Council acquired 90% ownership of New York's landmark Chrysler Building.[11][12]

Business functions

Active Investment Strategies

The active investment strategies department aims to generate superior risk adjusted returns by investing in hedge funds and similar active trading mandates globally.[13]

Direct Investments

The direct investments department focuses on investing directly in listed and unlisted companies across the globe, with a special emphasis on the Middle East and North Africa. It is also responsible for monitoring and optimizing the value of the council's legacy portfolio.[14]

Equities and Fixed Income

The equities and fixed income department manages listed portfolios that include global, regional and emerging market equities; and fixed income securities that include sovereign and global inflation-linked securities. [15]

Global Special Situations

The Special Situations Unit invests in one-off opportunities that may not fit in any of the council's asset classifications yet generate a higher return than other asset classes. These investments are placed both directly and through managed funds.[16]

Infrastructure Investments

The Infrastructure Investments Department is responsible for building a portfolio of global infrastructure investments and contributing to the growth of the local economy through participation in local developments. Its investments target large-scale public systems including transportation, communication, utilities and power grids. The investments are primarily made by externally managed funds, but also includes the possibility of co-investments in infrastructure projects.[17]

Private Equity

The private equity department places funds in global private equity markets and invests directly primarily alongside its managers.[18]

Board of directors

The board of directors is the highest authority within the council and is composed of a chairman, managing director and other board members, all of whom are senior government officials appointed by decree from the ruler of Abu Dhabi.[19]

See also

References

  1. ^ Kassem, Mahmoud (21 March 2018). "Abu Dhabi Investment Council to join forces with Mubadala". The National. Retrieved 22 October 2023.
  2. ^ "History". Adcouncil.ae. Archived from the original on August 27, 2009. Retrieved August 23, 2013.
  3. ^ Abu Dhabi Investment Council: Private Company Information
  4. ^ "Al Bahr Towers. How can a unique approach to sun shading reduce energy use?". Arup. Retrieved 22 October 2023.
  5. ^ "Abu Dhabi Investment Council | Sovereign Wealth Fund Institute". Swfinstitute.org. February 24, 1977. Retrieved August 23, 2013.
  6. ^ "ADIC Towers Abu Dhabi designed by Aedas". desMena. Archived from the original on July 9, 2011. Retrieved August 23, 2013.
  7. ^ Oborn, Peter (2014). Al Bahr Towers: The Abu Dhabi Investment Council Headquarters. Wiley. ISBN 978-1-118-79333-6.
  8. ^ "Investment Strategy". Adcouncil.ae. Archived from the original on July 31, 2013. Retrieved August 23, 2013.
  9. ^ Abu-Dhabi-Investment-Council
  10. ^ Abu Dhabi Investment Council
  11. ^ Bagli, Charles V. (July 10, 2008). "Abu Dhabi Buys 90% Stake in Chrysler Building". The New York Times. Retrieved January 14, 2017.
  12. ^ Frangos, Alex (July 10, 2008). "Abu Dhabi Fund Acquires Most of Chrysler Building". The Wall Street Journal. Retrieved January 14, 2017.
  13. ^ "Active Investment Strategies". Adcouncil.ae. Archived from the original on August 11, 2013. Retrieved August 23, 2013.
  14. ^ "Direct Investments". Adcouncil.ae. Archived from the original on August 5, 2013. Retrieved August 23, 2013.
  15. ^ "Equities and Fixed Income". Adcouncil.ae. Archived from the original on August 13, 2013. Retrieved August 23, 2013.
  16. ^ "Global Special Situations". Adcouncil.ae. Archived from the original on July 28, 2013. Retrieved August 23, 2013.
  17. ^ "Infrastructure Investments". Adcouncil.ae. Archived from the original on August 13, 2013. Retrieved August 23, 2013.
  18. ^ "Private Equity". Adcouncil.ae. Archived from the original on August 14, 2013. Retrieved August 23, 2013.
  19. ^ "Board of Directors". 2015-05-11. Archived from the original on 2015-05-11.

External links

This page was last edited on 28 February 2024, at 05:09
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.