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

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note