By Ed Attwood
A timeline of the history of ADIA, the world's largest sovereign wealth fund.
The history of ADIA:
1967: Creation of Abu Dhabi’s “Financial Investments Board” under the Department of Finance.
1976: Abu Dhabi Investment Authority (ADIA) founded and separated from the government as an independent organisation.
1986: ADIA starts investing in alternative strategies.
1988: Number of employees hired by ADIA reaches the 500 mark.
1989: ADIA starts investing in private equity.
1991: Sheikh Ahmed Bin Zayed Al Nahyan joins ADIA as European equities analyst.
1993: Number of employees hired by ADIA reaches the 1,000 mark.
1997: Sheikh Ahmed takes over as head of ADIA.
2007: ADIA starts investing in infrastructure and moves to a new headquarters.
2008: ADIA appointed co-chair with IMF of International Working Group of Sovereign Wealth Funds.
2010: ADIA publishes first annual report; Sheikh Ahmed passes away after tragic glider accident in Morocco.