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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of