ID :
65065
Wed, 06/10/2009 - 13:47
Auther :
Shortlink :
https://oananews.org//node/65065
The shortlink copeid
"Invest AD" is the new brand of the Abu Dhabi Investment Company
"Invest AD" will be the new brand name of the Abu Dhabi Investment Company, the company announced today Tuesday. The new name is part of its strategy to attract institutional investors to investment opportunities in the Middle East and North Africa (MENA), a region where the company has been investing for over three decades.
Invest AD simultaneously announced four new equities funds, adding to existing private equity and infrastructure funds.
Created in 1977, originally to invest on behalf of the Abu Dhabi authorities, the company is now inviting institutional investors around the world to invest alongside the Abu Dhabi government.
"The region is often regarded purely as a source of capital. In fact, phenomenal investment opportunity can be found right here," said Invest AD chairman, Khalifa M. Al Kindi.
"MENA should increasingly become a destination for capital to be deployed by astute fund managers." "This region's economy is diversifying and has the advantage of a young growing population," added Al Kindi, who is also Managing Director of the Abu Dhabi Investment Council and a Director of the Supreme Petroleum Council.
"Governments are pushing through reforms to unleash markets, removing bottlenecks to international trade, investing in infrastructure, and opening up new areas of growth." The new brand, "Invest AD", was chosen as a simple and fresh version of the company's formal name. The use of "AD" and the sails in the new logo reflect the company's roots in Abu Dhabi, which lies on the Gulf of Arabia.
"The name is a call to action," said Invest AD chief executive, Nazem Fawwaz Al Kudsi. "Most international portfolios are underweight in this region. We want to play our part in rectifying that. We also want to encourage local investors to focus on opportunities in their backyard." "Invest AD is deeply rooted in this region, has world-class expertise and exercises rigorous corporate governance," said Al Kudsi, who has 20 years experience investing for Abu Dhabi Investment Authority (ADIA) and the National Bank of Abu Dhabi.
Invest AD simultaneously announced four new equities funds, adding to existing private equity and infrastructure funds.
Created in 1977, originally to invest on behalf of the Abu Dhabi authorities, the company is now inviting institutional investors around the world to invest alongside the Abu Dhabi government.
"The region is often regarded purely as a source of capital. In fact, phenomenal investment opportunity can be found right here," said Invest AD chairman, Khalifa M. Al Kindi.
"MENA should increasingly become a destination for capital to be deployed by astute fund managers." "This region's economy is diversifying and has the advantage of a young growing population," added Al Kindi, who is also Managing Director of the Abu Dhabi Investment Council and a Director of the Supreme Petroleum Council.
"Governments are pushing through reforms to unleash markets, removing bottlenecks to international trade, investing in infrastructure, and opening up new areas of growth." The new brand, "Invest AD", was chosen as a simple and fresh version of the company's formal name. The use of "AD" and the sails in the new logo reflect the company's roots in Abu Dhabi, which lies on the Gulf of Arabia.
"The name is a call to action," said Invest AD chief executive, Nazem Fawwaz Al Kudsi. "Most international portfolios are underweight in this region. We want to play our part in rectifying that. We also want to encourage local investors to focus on opportunities in their backyard." "Invest AD is deeply rooted in this region, has world-class expertise and exercises rigorous corporate governance," said Al Kudsi, who has 20 years experience investing for Abu Dhabi Investment Authority (ADIA) and the National Bank of Abu Dhabi.
