Hedge Funds & Alternative Investments
Sovereign wealth
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ADIA plans private equity fund stake sale
The Abu Dhabi Investment Authority is preparing to sell around $2 billion of its stakes in private-equity funds, amid an increasing push toward direct investments by the sovereign wealth fund. ADIA is working with advisers at PJT Park Hill on the proposed transaction, according to people who asked not to…
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Click here to read the full story: Gulf News