Tuesday, December 2, 2008

Abu Dhabi Investment House is Planning $1.5 Billion Private Equity Fund in Real Estate and Manufacturing in China

Abu Dhabi Investment House eyes China fund
HedgeCo.net - West Palm Beach, FL, USA
R
euters China - Abu Dhabi Investment House, a Gulf Arab bank, is planning a $1.5 billion (824 million pounds) private equity fund to invest in real estate and manufacturing in China with a local partner, a senior executive said on Sunday.
An agreement to launch the fund will be signed within two months, said Rashad Janahi, ADIH's managing director. ...

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