Abu Dhabi Investment Authority to sell $2b worth stake in PE funds

Abu Dhabi Investment Authority to sell $2b worth stake in PE funds

The Landmark skyscraper, center, stands on the city skyline beside a waterway in Abu Dhabi, United Arab Emirates. Photographer: Alex Atack/Bloomberg

The Abu Dhabi Investment Authority is preparing to sell around $2 billion of its stakes in private-equity funds, amid an increasing push toward direct investments by the sovereign wealth fund, people familiar with the matter said.

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