Abu Dhabi's Money Machine Marches On
The Etihad Towers surrounded by residential and commercial properties in Abu Dhabi, UAE.
Photographer: Christopher Pike/BloombergAbu Dhabi, one of few cities globally to oversee about $1.5 trillion in sovereign wealth, has just added another heavy hitter to its roster.
As home to some of the biggest wealth funds, the emirate’s moves in the world of dealmaking tend to resonate around the world. Its latest creation, a $50 billion behemoth, will target alternative investments.