Backed by Mubadala and Al Maskari Holding, NYU Abu Dhabi Forms Transition Investment Lab
Posted on 05/10/2021
NYU Abu Dhabi formed a partnership with Mubadala Investment Company and family-office Al Maskari Holding for the establishment of a new research initiative, The NYUAD Transition Investment Lab (TIL). The lab is managed by Visiting Professor of Economics Bernardo Bortolotti. TIL is a research initiative that aims to position NYU Abu Dhabi as a center of excellence and knowledge hub for impact finance and ESG (Environmental, Social and Governance) research, with special reference to long-term investments in the Middle East, Africa, and South-Asia (MEASA) region. The lab is co-funded by Mubadala and Al Maskari.
According to a press release, “A key objective of the lab is to introduce global institutional investors to a framework for measuring and managing ESG risk and impact of their activity in the MEASA region. This will support the ongoing transformation of the UAE capital into a financial and logistical gateway for investments to address sustainable development in the region with the highest potential in terms of economic growth and societal progress. TIL is just one way in which NYUAD seeks to demonstrate the practical relevance of its research initiatives to the UAE’s business community and local stakeholders.”
Bernardo Bortolotti is Professor in economics at New York University in Abu Dhabi, Professor in economics at the University of Turin (on leave) and director of the Sovereign Investment Lab at the Paolo Baffi Center of Central Banking and Financial Regulation at Bocconi University in Milan.
