ADIA Looks to Shutter London Office
The Abu Dhabi Investment Authority (ADIA) has initiated plans to shutter its London office. The massive sovereign wealth fund has stakes in UK infrastructure such as an airport, Angel Trains and Thames Water. ADIA’s location in Knightsbridge, Central London will affect less than 20 jobs.
The decision to close the office as due to ADIA seeing the office as a non-core operation.
Mark Kleinman from Sky News broke the story and a media statement was issued to them from ADIA saying, “ADIA is proposing to close its London office. This has no impact on our investments in, and commitment to, the UK, which will continue as before.”
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute