Hedge Funds & Alternative Investments
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UAE, Saudi SWFs invest over $1b in Reliance unit
The Abu Dhabi Investment Authority (Adia) and Saudi Arabia's Public Investment Fund have invested over $1 billion (75.58 billion) in Reliance Industries' Digital Fibre Infrastructure Trust. The group said in a quarterly presentation that each sovereign wealth fund (SWF) invested $506.8 million. The company emphasised on tying up with major…
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