Abu Dhabi’s sovereign investment complex the Abu Dhabi Investment Council (ADIC) is preparing a significant expansion of its hedge fund exposure, with plans under consideration to deploy up to $15bn through leveraged structures that would materially scale its footprint in the asset class, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as highlighting that the Abu Dhabi Investment Council is working with local banking partners on a programme that woul...
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