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Abu Dhabi’s Wealth Fund Buys Stake in CVC-Owned TMF Group

  • ADIA will gain board seat at corporate-trust services provider
  • CVC had been exploring initial public offering of TMF

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Abu Dhabi Investment Authority has agreed to invest in TMF Group, the corporate-trust services provider owned by CVC Capital Partners that had been exploring an initial public offering, according to people familiar with the matter.