Adam Le
.jpg "ADIA plans to hire regional experts")
The world’s third-largest sovereign wealth fund by assets, plans to hire investment professionals with specific regional focus.
The Swiss alternatives manager likens its debut fund to a taxi and its latest vehicle to a bus.
The portfolio, which encompasses fund stakes across multiple asset classes, includes interests in 11 real estate vehicles.
The new vehicle, which closed on more than $225m in commitments, will target real assets, private credit, royalties and special situations.
.jpg?id=19327363613 "Suomi divests credit fund stakes")
Finnish financial group OP Financial has acquired a portfolio of fund stakes, including debt funds, from Suomi Mutual Life Assurance Company which is selling assets as it closes down.