Corporate Moves
OCIO Provider Brown Advisory Expands to Abu Dhabi
The firm named Jack Weatherby as head of Middle East as part of a regional expansion.
Tag: Abu Dhabi
Newsmakers
Temasek Asset Management Unit Seviora Opens Shop in Abu Dhabi
The new office is the $54 billion firm’s first foray into the Middle East.
Newsmakers
Abu Dhabi, Vietnam SWFs Strike Deal to Seek Co-Investments
The agreement follows an October 2024 agreement between Vietnam and the United Arab Emirates to remove nearly all tariffs on each other’s exports.
Asset Allocation
Abu Dhabi’s ADQ Forms $1.2B Mining Joint Venture With Orion Resource Partners
Orion Abu Dhabi will invest in metals and mining companies across Africa, Asia and Latin America.
Risk
Abu Dhabi’s ADQ to Take Minority Stake in Sotheby’s for $1B
The undisclosed stake is part of the sovereign wealth fund’s plan to boost its arts and culture offerings.
Alternatives
Shareholder Funding Dries Up for Thames Water; Regulator Blamed
Institutional investors say Ofwat inaction is preventing them from providing further funding to the beleaguered utility.
Alternatives
Abu Dhabi Launches Artificial Intelligence Tech Investment Vehicle MGX
The $100 billion fund’s founding partners are sovereign wealth fund Mubadala and AI company G42.
Newsmakers
Former Goldman Sachs MD Gets 10 Years for Embezzling From Malaysia’s 1MDB
Roger Ng allegedly laundered ill-gotten funds through financing ‘The Wolf of Wall Street.’
Alternatives
Payments Startup SpotOn Gets Funding from Mubadala, Others
The firm is the latest in a series of growth sector bets the sovereign wealth fund has been making.
Asset Allocation
Mubadala Goes on a Spending Spree in 2020
The sovereign wealth fund invested $29 billion into growth sectors, including in technology, life sciences, and consumer goods.
Asset Management Culture
Mubadala Puts $2 Billion into Silver Lake for 25-Year Strategy
The fund has also taken a minority equity stake of less than 10% in the firm.
Asset Allocation
Abu Dhabi’s Mubadala, PE Firm Kohlberg Take Over US Pharma Firm
The Philadelphia-based PCI Pharma Services is looking to expand operations in Asia and greater Europe.