Craving More, Abu Dhabi’s New Wealth Fund Can’t Move Fast Enough
- Date: 03-May-2021
- Source: Bloomberg
- Sector:Financial Markets
- Country:UAE
Craving More, Abu Dhabi’s New Wealth Fund Can’t Move Fast Enough
Less than two years into frenetic dealmaking that reeled in a haul from pharmaceuticals to agricultural trading, Mohamed Hassan Alsuwaidi’s biggest worry is if he’s moving “fast enough.â€
The sense of urgency may seem surprising from the chief executive of Abu Dhabi’s newest sovereign fund, ADQ, which amassed an estimated $110 billion in assets since being founded in 2018, including a 45% stake in Louis Dreyfus Company BV.