Sovereign wealth
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Abu Dhabi wealth fund caught in Brazil meltdown
Mubadala Development, the Abu Dhabi sovereign wealth fund, is fighting to avoid losses on its $2 billion investment in Eike Batista's companies as the former billionaire seeks to save his commodity empire from collapse. The fund is owed $1.5 billion after converting a preferred equity investment in Batista's EBX Group…
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Click here to read the full story: Times of Oman