SOVEREIGN overhaul
L’Imad takes over ADQ in shake-up of Abu Dhabi wealth funds
The three-year-old investment firm will now hold subsidiaries including Etihad Airways, Etihad Rail, Abu Dhabi Ports, McLaren and Modon
Fadel Senna /AFP via Getty Images
Abu Dhabi's Crown Prince Sheikh Khaled bin Mohamed was appointed Chairman of L’imad in January.
Add The Circuit on GoogleAbu Dhabi is consolidating the assets of ADQ, its third-largest sovereign wealth fund, under its newly-created investment vehicle L’Imad Holding.
L’Imad, which was launched late last year, will now hold a portfolio of 25 investment companies and platforms,...
