Wednesday, 2 December 2015
Last updated 7 hours ago
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.
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…