Wednesday, 23 July 2014
Last updated 12 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…