Abu Dhabi's Invest AD to raise $400M
Invest AD, the investment vehicle owned by the government of Abu Dhabi, plans to raise $400 million for a new private equity fund by 2011, it announced today. The first closing of the fund will happen by the end of this year for $175 million, with Invest AD including $75 million of its own seed capital. The rest would be raised in 2011.
18 October 2010•1 min read
