Established: 2007

US$ Billion: *

Transparency Rating: n/a

Summary:

The Abu Dhabi Investment Council was splintered off from the Abu Dhabi Investment Authority. It is much smaller in size than ADIA.

It is the investment arm of the Government of Abu Dhabi. The Council started its operations in April 2007 and is responsible for investing part of the government’s surplus financial resources through a globally diversified investment strategy, targeting positive capital returns through an expansive portfolio of highly diversified asset classes and active investment management strategies.

The Council is also empowered with an important direct investment mandate to broaden Abu Dhabi’s economic base and facilitate the international development of local companies. ADIC invests locally in UAE banks.

The Abu Dhabi Investment Council’s goal is to seek superior risk-adjusted returns across the entire capital structure. At the same, the ADIC wants to also preserve capital. This SWF is heavily weighted towards its domestic economy. ADIC also invests globally.
Some of their asset allocation consists of:

Active Investment Strategies – Hedge Funds

Direct Equity – MENA region (unlisted/listed)

Equities

Sovereign Debt

Corporate Debt

Global Special Situations

Real Estate (Funds or Direct Investments)

Private Equity

Infrastructure

Governance:

The Abu Dhabi Investment Council appoints a board of directors. The board is comprised of a Chairman, Managing Director and other board members, all of whom are senior government officials appointed by Decree from the Ruler of Abu Dhabi.