Abu Dhabi Investment Authority
Sovereign wealth fund / From Wikipedia, the free encyclopedia
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The Abu Dhabi Investment Authority (Arabic: جهاز أبوظبي للاستثمار, ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi in the United Arab Emirates, founded to invest funds on behalf of the Government of Abu Dhabi. It manages the emirate's excess oil reserves and is estimated to manage $853 billion.[2][3] ADIA is one of the largest sovereign wealth funds in the world.[4]
Quick Facts Company type, Industry ...
Company type | Sovereign wealth fund |
---|---|
Industry | Institutional investor |
Founded | 21 March 1976; 48 years ago (1976-03-21)[1] |
Headquarters | , |
Key people | Tahnoun bin Zayed Al Nahyan, Chairman Hamed bin Zayed Al Nahyan, Managing Director |
AUM | US$853 billion |
Owner | Government of Abu Dhabi |
Website | www |
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ADIA's operations have been characterized as secretive and opaque.[5][6][7]