GIC, ADIA increase power at Greenko with $550 million cheque
February 21, 2019 (Abu Dhabi) According to an article in The Economic Times, sovereign wealth funds GIC Holdings Pte Ltd of Singapore and Abu Dhabi Investment Authority (ADIA) of Abu Dhabi are investing $550 million of fresh primary capital in Greenko, India’s largest renewable energy firm. This will be the third round of capital infusion by the two funds, raising…
Mubadala eyes technology, agribusiness and biotechnology to boost growth
February 12, 2019 (Abu Dhabi) Gulf News has reported that Mubalada is looking to in new sectors such as technology, agribusiness and biotechnology to boost growth. Mubadala’s portfolio of over $225 billion spans five continents with investments in oil and gas, aerospace, healthcare and real estate, among others. “From being a traditional investor, we have grown over the years by…
Warba to build out investment strategy alongside consultant MJ Hudson
February 11, 2019 (Kuwait) According to an article on Institutional Asset Manager, Warba has appointed investment consultant MJ Hudson Allenbridge to advise on the building out of its investment strategy and portfolio, including manager selection and integrated legal and investment due diligence. It is reported that MJ Hudson will be working in close partnership with Warba to develop its longer-term…