Head Of World’s Largest Sovereign Wealth Fund Still Missing

Mar 29 2010 | 8:52am ET

The head of Abu Dhabi's sovereign wealth fund has been missing since Friday after his glider crashed in Morocco. 

Ahmed bin Zayed al-Nahyan, managing director of the Abu Dhabi Investment Authority, was in his plane with a pilot when it went down in an artificial lake, according to Morocco’s state news agency.  The pilot was rescued, but there is no sign of bin Zayed al-Nahyan, the brother of the president of the United Arab Emirates, Khalifa bin Zayed al-Nahyan.

The cause of the crash is not yet known. 

It is estimated that the Abu Dhabi Investment Authority is the largest sovereign wealth fund in the world and could be worth over $450 billion.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…