Abu Dhabi Investment Authority related stories
All articles and analysis
Hony raises $2.7bn for latest fundThe dual currency fund achieved a first close on $1 billion in October last year.
CPPIB invests 480 mln euros in acquisition of LeasePlanCPPIB Credit Investments, the private debt platform of Canada Pension Plan Investment Board (CPPIB), has provided 480 million euros ($707 million) to support the acquisition of LeasePlan Corp NV, a Dutch fleet management and driver mobility company. The acquisition, closed earlier this month https://www.leaseplan.com/page/news-item?NewsID=///publicnew/documents/modules/news/730fd9118da3f19ee2fe0855af04dd86/730fd9118da3f19ee2fe0855af04dd864724879 saw a consortium of investors, including Dutch pension fund service provider PGGM, Danish pension fund ATP, GIC, Abu Dhabi Investment Authority, Goldman Sachs and TDR Capital, buy LeasePlan from Global Mobility Holding for 3.7 billion euros. Global Mobility Holding is a joint venture of Volkswagen and banker Friedrich von Metzler.
- Partners Group and Kedaara acquire housing finance arm
The acquisition of a controlling stake from Au Housing is expected to be completed in April following clearance by India’s housing finance regulator National Housing Bank.
- Former Mirvac exec launches investment firm
The former ADIA and Mirvac senior executive Jonathan Hannam has launched a business that will make investments in several sectors.
- Abu Dhabi wealth fund ADIA appoints Dodge as private equities head: Reuters
Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has appointed Sherwood Dodge as its global head of private equities effective immediately, it said in a statement on Wednesday.
- LP Radar - January 2016
See the latest PE LP updates, including allocation changes and people moves.
PSP Investments, Abu Dhabi buy industrial portfolio for $3.1 blnAn affiliate of Abu Dhabi Investment Authority and Public Sector Pension Investment Board (PSP Investments) have jointly acquired a portfolio of core industrial properties held by Exeter Property Group. The deal, priced at US$3.15 billion, will see Exeter, a U.S. real estate investment management firm, invest in the joint venture and continue to manage the acquired assets. The portfolio consists of 209 U.S.-based industrial properties, most of which are bulk warehouses that support retailers, suppliers and wholesalers. Montréal-based PSP Investments has $112 billion of managed assets.
Caisse de dépôt joins $9.9 bln investment in Australia's TransGridCanadian pension fund manager the Caisse de dépôt et placement du Québec has partnered in a consortium that acquired the 99-year lease of TransGrid, owner and operator of an electricity transmission network in Australia. The consortium, NSW Electricity Networks, was selected by the New South Wales government to buy the lease for about $9.9 billion. The Caisse will hold 24.99 percent of the equity, which represents an investment of $1.15 billion. Other consortium members included an affiliate of Abu Dhabi Investment Authority, Australia's Hastings Funds Management and Spark Infrastructure, and an affiliate of Kuwait Investment Authority.
- India's ReNew Power sells stake to Abu Dhabi sovereign fund: Reuters
Indian solar and wind energy company ReNew Power Ventures Pvt Ltd sold a "significant minority stake" to a subsidiary of Abu Dhabi Investment Authority (ADIA) for $200 million, the company said in a statement.
Canadian investors among bidders in $12 bln Australian energy sale: ReutersA half dozen groups of investors from four continents have placed indicative bids for an electricity transmitter in Australia's most populous state, a source told Reuters, a milestone in a record US$12 billion privatization sale. The Caisse de dépôt et placement du Québec, Borealis Infrastructure, and Canada Pension Plan Investment Board are said to have joined consortia bidding for TransGrid and other assets.