ADIC Launches Multi-Strat Hedge Fund

May 3 2007 | 2:02pm ET

The Abu Dhabi Investment Company this month launched its Multi-Strategy Hedge Fund with US$60 million in initial equity. The diversified fund of funds will focus on investing across a range of underlying absolute return and relative value strategies, according to the firm.

“The ADIC Multi-Strategy Hedge Fund is underpinned by clear objectives coupled with a rigorous investment process and risk management, and builds upon an exceptional track record in managing alternative assets portfolios,” stated Mohammed Salih al-Hashemi, director of asset management. “Through this fund, investors can enjoy unique access to leading specialist global alternative asset managers whilst benefiting from diversification across a wide range of hedge funds strategies.”

Details about the fund’s underlying strategies and fee structure could not be obtained by press time.

ADIC is a government owned company established in 1977.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of