The Abu Dhabi Investment Authority (ADIA) is one of the world's largest sovereign wealth funds, established in 1976 by the government of Abu Dhabi, United Arab Emirates. ADIA was created to manage the surplus oil revenues generated by the Emirate of Abu Dhabi and to invest them in a diversified global portfolio with a focus on long-term value creation. The fund is wholly owned by the government of Abu Dhabi and operates as an independent investment institution.
ADIA's primary mission is to secure and maintain the current and future prosperity of the Emirate of Abu Dhabi by prudently investing its assets across various asset classes and geographical markets. The fund's portfolio is highly diversified, with investments spanning multiple sectors, including equities, fixed income, real estate, private equity, infrastructure, and alternative investments such as hedge funds.
The exact size of ADIA's assets under management is not publicly disclosed, but it is estimated to be between $700 billion and $1 trillion, making it one of the largest sovereign wealth funds globally. The fund follows a long-term investment strategy, and its governance structure ensures independence, transparency, and professionalism in its operations.
ADIA is known for its sophisticated investment approach and has a strong track record of performance. The organization is led by a board of directors, which includes members of the ruling family of Abu Dhabi and other prominent individuals from the government and the financial sector. The day-to-day operations are managed by a team of experienced investment professionals, who are responsible for implementing ADIA's investment strategy and managing its diversified portfolio.
In summary, the Abu Dhabi Investment Authority is a major global investor with a long-term perspective, a highly diversified portfolio, and a strong focus on generating stable returns for the benefit of the Emirate of Abu Dhabi.
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