UAE and Saudi Arabia lead SWF growth as Gulf countries see massive investment outlays
ADIA
Abu Dhabi’s ADIA to invest $750mn in GMR Group’s debt refinancing in India
The group is to use the proceeds for refinancing debt of its promoter group entity
ADIA-backed NIIF seeks $4bn for Indian infrastructure projects
The new fund would be much larger than the predecessor Master Fund that closed in December 2020 with $2.34 billion
Abu Dhabi’s ADIA eyes $600mn stake in Reliance Retail: Report
The Abu Dhabi fund currently owns 1.2 percent stake in RRVL
India seeks investments from Abu Dhabi Investment Authority, Mubadala
The UAE is the seventh largest investor in India with an estimated investment of $18 billion
Abu Dhabi-based ADIA Lab to open European headquarters in Spain
The Lab will also launch five research programmes with Spanish universities and research institutions
Indian eyewear startup Lenskart raises $500 mn from ADIA
The venture will use the funds to scale its international presence in Asia and the Middle East, besides expanding its retail network in India
ADIA nears $500mn deal to acquire stake in Indian eyewear startup Lenskart
The deal, which would value the Indian eyewear startup Lenskart at more than $4 billion, may be announced as early as this week
ADIA, Goldman Sachs, and Carlyle in talks to invest $350m in India’s TVS Motor’s EV arm: Report
If the deal takes place at this valuation, TVS Motor will become the most valuable two-wheeler EV company in the country
Insurance broker Ardonagh valued at $7.5bn in ADIA deal
ADIA has bought about 10 percent of Ardonagh, according to sources
Abu Dhabi’s newest wealth fund comes into focus as assets reach $110bn
The UAE capital is a sovereign wealth hub, with ADQ overseeing $110 billion in assets
Abu Dhabi wealth fund targets Africa, green energy to drive greater returns
Senior exec at Abu Dhabi Investment Authority says African countries offer greatest potential for long-term investors
Private equity firm Cinven teams up with Abu Dhabi wealth fund for KKR’s LGC
Abu Dhabi Investment Authority is stepping up its dealmaking with buyout firms as it allocates more money to direct investments
Abu Dhabi fund said to be in talks with Indian hospital chain
Abu Dhabi Investment Authority understood to be mulling investment in parent of India’s largest private sector hospital chain
Abu Dhabi wealth fund’s active investments increased to 55% in 2018
Abu Dhabi Investment Authority has been boosting its in-house teams over the past few years as it cuts the use of external fund managers
India’s IL&FS to sell share of Dubai JV to NextGen Parking
Sources in India suggest troubled Indian company could offload its stake in $79 million project
India mulls FDI move to attract more Middle East investors
India is considering allowing foreign investment funds to buy stressed loan portfolios of banks