Wed 30 Nov 2011 12:15 PM
Flying high

Abu Dhabi Investment Authority, thought to be the world's
biggest sovereign wealth fund, last year bought a 15 percent stake in London’s
Gatwick Airport, the UK’s second busiest airport.

The stake was bought from Global Infrastructure Partners
(GIP) and was estimated to be worth around £125m ($196m).

GIP is a $5.64bn infrastructure fund set up by Credit Suisse
and General Electric and bought Gatwick last year from BAA, majority owned by
Spain's Ferrovial, for £1.51bn