Abu Dhabi Investment Authority (ADIA)
ADIA, NIIF invest in airport business of India's GVK
Abu Dhabi Investment Authority (ADIA) and India’s National Investment & Infrastructure Fund (NIIF) have agreed to acquire a 49% stake in the airport businesses of India’s GVK Power & Infrastructure.
ADIA to enter India distressed asset space
Abu Dhabi Investment Authority (ADIA) will make an anchor commitment of $500 million to an India special situations fund launched in conjunction with Kotak Private Equity.
GIC-backed Greenko makes add-on acquisitions
Greenko Energy, an Indian renewable energy producer owned by GIC Private, has completed the acquisition of Orange Renewables and agreed to buy Skeiron Green Renewables. The two deals will increase Greenko’s overall operational capacity from 3.2 gigawatts...
AustralianSuper, CPPIB back $6.7b Sydney toll road deal
AustralianSuper and Canada Pension Plan Investment Board (CPPIB) have joined a consortium that will acquire a 51% stake in Sydney’s WestConnex highway system from the New South Wales government for A$9.3 billion ($6.7 billion).
ADIA hires ex-KKR executive to lead India, SE Asia PE
The Abu Dhabi Investment Authority (ADIA) has hired Kabir Mathur, a former member of KKR’s Asia leadership team, to head its private equity investments in India and Southeast Asia.
Sovereigns in alternatives: Watch the throne
Sovereign wealth funds are said to be pulling back from unlisted assets, a move motivated by intense competition and high valuations, as well as target allocations being reached
TPG, ADIA back acquisition of agrochemicals producer Arysta
TPG Capital and Abu Dhabi Investment Authority (ADIA) have teamed up with India-listed UPL Corporation on a $4.2 billion acquisition of Arysta LifeScience, an agricultural chemicals manufacturer that originated in Japan.
GIC-backed Greenko raises $447m, plans acquisition
Greenko Energy, an Indian renewable energy producer owned by the Singapore sovereign wealth fund, GIC Private, has raised $447 million primarily from GIC and the Abu Dhabi Investment Authority (ADIA).
PE investors set for partial exits in ReNew Power's India IPO
Indian renewable energy producer ReNew Power has filed for a domestic IPO that will enable Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Global Environment Fund (GEF) to make partial exits.
ADIA buys stake in KKR's India NBFC
The Abu Dhabi Investment Authority (ADIA) has invested in KKR India Financial Services (KIFS), an Indian non-banking finance company (NBFC) backed by KKR.
ADIA commits $1b to India’s state-backed infra fund
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund based in the United Arab Emirates, has committed $1 billion to the Indian government’s National Investment and Infrastructure Fund (NIIF).
Greenko receives $155m from GIC, ADIA
Singapore sovereign wealth fund GIC Private has joined the Abu Dhabi Investment Authority (ADIA) to invest $155 million in Indian renewable energy developer Greenko Energy Holdings.
ADIA to open Hong Kong office
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund of the government of Abu Dhabi, has announced plans to open an office in Hong Kong.
India's GIC-backed Greenko raises $230m
Greenko Energy Holdings, an Indian renewable energy producer owned by the Singapore sovereign wealth fund, GIC Private, has raised $230 million from GIC and the Abu Dhabi Investment Authority (ADIA).
Kotak Mahindra Group raises $237m for Indian realty
India’s Kotak Mahindra Group has closed a commitment of INR16 billion ($237 million) from institutional investors for equity investments in realty projects.
Hastings consortium wins $7.5b Australia electricity grid lease
A consortium featuring Hastings Fund Management, Caisse de dépôt et placement du Québec (CDPQ) and the Abu Dhabi Investment Authority (ADIA) will pay A$10.26 billion ($7.5 billion) for the New South Wales government electricity transmission network.
Prologis raises more capital for China logistics platform
Prologis, an industrial real estate investment trust (REIT), has raised another $588 million for Prologis China Logistic Venture, a platform used to acquire and manage logistics properties in China.
ADIA buys Australia hotel portfolio
Abu Dhabi Investment Authority (ADIA) has bought Tourism Asset Holdings (TAHL), Australia’s largest hotel owner. The deal will see the Middle East sovereign wealth fund assume control of 31 Accor-operated properties in major cities.
ADIA to invest $200m in India’s Kotak Realty Fund – report
Abu Dhabi Investment Authority (ADIA) is reportedly planning to commit about $200 million to Indian real estate and has appointed Kotak Realty Fund, run by Kotak Mahindra Bank, to invest the money.
LPs chose direct route into Indian property
APG Asset Management, the group responsible for one-third of all collective pension schemes in the Netherlands, plans to make direct investments into Indian real estate rather than make commitments to private equity funds.
Carlyle-backed China Pacific taps sovereign funds
China Pacific Insurance, a portfolio company of The Carlyle Group, has sold HK$10.4 billion ($1.3 billion) in new shares to Government of Singapore Investment Corp. (GIC), Norges Bank and Abu Dhabi Investment Authority (ADIA).
ADIA hires Axa executive for emerging markets PE
Abu Dhabi Investment Authority (ADIA) has poached Axa Private Equity COO Christophe Florin to head up its emerging markets private equity team. He led Axa’s Asian operations between 2005 and 2008.
ADIA to seek direct deals in India’s property sector
Abu Dhabi Investment Authority (ADIA) plans to make direct investments into Indian real estate rather than operate through third-party private equity and property fund managers.
Asia’s sovereigns: Partners or competitors?
Asian sovereign wealth funds are increasing their exposure to private equity firms globally. They have one eye on returns and another on beating GPs at their own game