Thursday, 25 December 2014
Last updated 15 hours ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.