Abu Dhabi Investment Authority (ADIA)

Company description


The Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund owned by Emirate of Abu Dhabi (in United Arab Emirates) founded for the purpose of investing funds on behalf of the Government of the Emirate of Abu Dhabi. It manages the Emirate's excess oil reserves, estimated to be as much as US$500 billion. Its portfolio grows at an annual rate of about 10% compounded.

ADIA has never published how much it has in assets. In 2008, ADIA co-chaired the International Working Group of 26 sovereign wealth funds that produced the "Generally Accepted Principles and Practices of sovereign wealth funds" (known as the Santiago Principles). These principles were created to demonstrate to home and recipient countries and the international financial markets that sovereign wealth funds had robust internal frameworks and governance practices and that their investments were made only on an economic and financial basis.

Company details

City:
Abu Dhabi
Address:
211 Corniche

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • October 30, 2019

    GVK raises funding for 23.5% stake in Mumbai Airport

    GVK Power & Infrastructure's subsidiaries, GVK Airport Developers (GVKADL) and GVK Airport Holdings (GVKAHL) have secured funding to buy 23.5% stake in Mumbai International Airport Limited (MIAL)...

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  • April 22, 2019

    GVK announces agreement with ADIA and NIIF for investment in its airports holding company

    GVK Power & Infrastructure Limited (GVKPIL) announced that its subsidiaries, GVK Airport Developers Limited (GVKADL) and GVK Airport Holdings Limited (GVKAHL), have signed a term sheet and exclusi...

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  • March 04, 2019

    OMERS to bid for Macquarie's stake in Brussels airport

    Ontario Municipal Employees Retirement System (OMERS), a Canadian pension fund, is reportedly planning to bid to take over the 36% stake in Brussels Airport owned by Macquarie Group.  OMERS...

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  • February 21, 2019

    Three bids submitted for GVK's stake in Mumbai Airport

    Spanish company Ferrovial, sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and Canadian pension fund PSP Investments have submitted their bids for the stake of GVK in Mumbai Inte...

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  • February 12, 2019

    Abertis achieves US$230 million financial close of road PPP project in Chile

    Abertis has reached financial close for its Interconexión Vial Santiago-Valparaíso-Viña del Mar, Route 68 road project in Chile.  The project involves the developm...

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  • October 22, 2018

    CPPIB interested in majority stake in London airport

    Canada Pension Plan Investment Board (CPPIB) is reportedly part of a group of investors interested in acquiring Global Infrastructure Partners' (GIP) stake in London Gatwick Airport. GIP...

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  • September 03, 2018

    Transurban-led consortium to take over largest infrastructure project in Australia

    The Government of New South Wales, a state in the south-east of Australia, have decided to sell a 51% stake in Sydney Motor Corporation (SMC) to Sydney Transport Partners (STP), a consortium comp...

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  • August 22, 2018

    Capital Dynamics closes Clean Energy and Infrastructure VII at US$1.2 billion

    Capital Dynamics has announced the final close of its Clean Energy and Infrastructure VII JV LLC fund (CEI VII) with capital commitments of US$1.2 billion. The fund will invest in US-based utility-sca...

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  • April 25, 2018

    Chile awards US$250 million road concession to Atlantia and CPPIB

    Grupo Costanera has been awarded the Conexión Vial Ruta 78 Hasta Ruta 68 project, which is expected to cost around EUR200 million (US$244.76 million). The project invol...

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  • March 19, 2018

    Government of Chile extends Abertis' highway concession in exchange for new investments

    The Government of Chile has authorised VíasChile, a company owned by Abertis (80%) and ADIA (20%), to undertake new investments in Autopista del Sol (Ruta 78), in exchange for an exte...

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