Abu Dhabi Investment Council Mubadala

Abu dhabi investment council.
Abu dhabi investment council mubadala. Abu dhabi investment council adic and mubadala investment co two investment arms of the super rich emirate s government will join up as abu dhabi consolidates hundreds of billions of dollars. What is the abu dhabi investment council. Its investment strategy is similar to the major endowments model of investing and its business performance is benchmarked to the market. Responsible for investing part of the government s financial surplus.
Abu dhabi investment council adic is a sovereign wealth fund owned by the government of abu dhabi the capital city of the united arab emirates uae. In 2019 abu dhabi investment council became a part of mubadala investment company the abu dhabi based investment and development company also owned by the government of abu dhabi. 2017 expanding this visionary heritage of excellence mubadala investment company was created in 2017 as a global investment powerhouse for abu dhabi. Abu dhabi wam president his highness sheikh khalifa bin zayed al nahyan has issued in his capacity as the ruler of abu dhabi a law restructuring abu dhabi investment council adic whereby it will become part of the mubadala investment company group.
The abu dhabi investment council is set to join mubadala investment company in a move that will boost mubadala s assets under management to over 200 billion amid consolidation of wealth funds in. Abu dhabi investment council joins mubadala group it is managed on a model similar to endowment investing. For more information about mubadala please click here. Meaning that it is focused more on private assets.
The abu dhabi investment council is an investment arm of the government of abu dhabi. The msci acwi index returned 26 6 during the year while the bloomberg barclays global aggregate index produced a return of 6 8. While the private markets did not scale these same heights they nevertheless positively contributed to our overall performance in 2019. In this regard his highness sheikh mohamed bin zayed al nahyan crown prince of abu dhabi deputy supreme commander of the uae armed forces chairman of the abu dhabi executive council and chairman of the mubadala investment company.
The abu dhabi investment council adic is a strategic fund that was established by the government of abu dhabi in 2007. 2019 was an excellent year for the abu dhabi investment council adic bolstered by the strong performance of the public equity markets.