The Abu Dhabi Investment Authority Adia said on Thursday it has opened an office in Hong Kong to help develop contacts and identify investments in China and other Asian markets.
The Emirate of Abu Dhabi’s sovereign wealth fund also named Dong-Sinh Ngo as its chief representative across Asia Pacific. The Swiss national will be based in Hong Kong.
Sovereign wealth funds from around the globe have been ramping up investment in the fast-growing region over recent years. Norges Bank for one has been a frequent investor in Hong Kong IPOs. This is the Abu Dhabi sovereign wealth fund’s first and, perhaps surprisingly, its only overseas...
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