Abu Dhabi Investment Authority (ADIA), Abu Dhabi’s sovereign wealth fund, has opened a new office in Hong Kong.
The new office will be ADIA’s first international office, and will serve as a platform for the fund to deepen its relationships and identify new opportunities in China and other key Asian markets.
The fund has also appointed Dong-Sinh Ngo as its chief representative for Asia-Pacific.
Based in Hong Kong, Ngo will manage a team with responsibility for conducting investment-related research and on-going analysis of Asia-Pacific market and economic trends.
ADIA managing director Hamed bin Zayed Al Nahyan said: “ADIA has been investing and building relationships in Asia for more than three decades, with a portfolio that spans multiple asset classes.
“Our decision to open an office in Hong Kong is a symbol of our confidence in Asia’s continued growth and our long-term commitment to the region.”