ADIA to sell $2 billion on private equity book

January 14, 2020 (Abu Dhabi)

A recent article on Bloomberg reported that Abu Dhabi based sovereign wealth fund, the Abu Dhabi Investment Authority (ADIA) is expected to sell $2 billion of its private equity holdings as it follows through on plans to increase direct investment holdings.  The article went on to report ADIA is working with advisers at PJT Park Hill on the proposed transaction, who will be marketing the deal to potential buyers within weeks.

Firms are increasingly able to sell their private-equity portfolios in the secondary market, with firms such as London-based Coller Capital Ltd. raising money to trade these types of investments.

Read the original article on Bloomberg:  ADIA plans to sell a $2 billion slice of its private equity book