ADIC Plans $15 Billion Hedge Fund Bet Using Leverage
Updated
Updated · Bloomberg · Jun 11
ADIC Plans $15 Billion Hedge Fund Bet Using Leverage
3 articles · Updated · Bloomberg · Jun 11
Summary
$15 billion in planned exposure would rank among Abu Dhabi Investment Council's biggest moves into hedge funds, according to people familiar with the matter.
ADIC is working with local banks to build the positions through a total return swap facility, which lets it amplify capital with leverage.
The structure would give the Abu Dhabi investor broad exposure to global hedge funds while limiting the amount of capital deployed upfront.
The planned allocation signals a deeper push by Abu Dhabi money into alternative strategies as sovereign investors seek higher returns and more flexible portfolio tools.