Abu Dhabis G42 Expands Investment Team With Wealth Fund Hires.The company is bullish on its artificial intelligence projectsAn Abu Dhabi firm backed by Mubadala Investment Co. is building out its investment team with key hires from the countrys sovereign wealth funds, according to people with direct knowledge of the matter.Group 42 tapped Christoph Koster , an ex-official at Abu Dhabi Investment Office, as head of investment strategy and investor relations, said the people, who requested anonymity as the information is private. Jon Nieman (Linkedin), who was senior portfolio manager for the emerging opportunities mandate at the nations largest wealth fund Abu Dhabi Investment Authority, will be head of investments, they

<h1>Abu Dhabis G42 Expands Investment Team With Wealth Fund Hires.</h1><div> The company is bullish on its artificial intelligence projects An Abu Dhabi firm backed by Mubadala Investment Co. is building out its investment team with key hires from the countrys sovereign wealth funds, according to people with direct knowledge of the matter. Group 42 tapped Christoph Koster , an ex-official at Abu Dhabi Investment Office, as head of investment strategy and investor relations, said the people, who requested anonymity as the information is private. Jon Nieman <a target="_blank" href="https://www.linkedin.com/in/jpnieman/">(Linkedin)</a>, who was senior portfolio manager for the emerging opportunities mandate at the nations largest wealth fund Abu Dhabi Investment Authority, will be head of investments, they said. A spokesperson for the firm confirmed the hires. The moves underscore the expansion of G42, an AI and cloud computing company, with operations spanning from energy to healthcare and autonomous vehicles. Sheikh Tahnoon bin Zayed, the UAEs influential national security adviser and brother to Abu Dhabis crown prince, is its chairman. Koster and Nieman are among those reporting into Chief Investment Officer Tariq bin Hendi, whos looking to hire more money managers from other Abu Dhabi-based investment firms, the people said. The company also hired former McKinsey & Co. partner Raffaele Breschi as its Group Chief Growth Officer, where hell focus on expanding the firms artificial intelligence and technology portfolio. Last year, G42 formed a joint venture with Beijing-based Sinopharm CNBG, marking the first overseas manufacturing of the Chinese vaccine. It also became the first Emirati firm to open an Israel office after the nations normalized ties in the so-called Abraham Accords and rolled out the Middle Easts earliest driverless car trials. Meantime, the firms Artemis supercomputer is behind a national genome sequencing program. Koster, who followed bin Hendi to G42 from ADIO, previously was head of strategy for private banking at Dubai-based Emirates NBD Bank PJSC. Nieman has held investment roles at State Street Corp. and Saudi Aramco, specializing in alternative assets like royalties, sports deals and aircraft leasing.</div>

Abu Dhabi Investment Authority (ADIA)

Mubadala Investment Company

Investment Management

Public Finance Activities

Wealth & Asset Mgmt

Fund Management

Hedge Fund

Private Equity

Public Funds

Wealth Management

Mubadala Investment | Christoph Koster | Head of Investment Strategy & Investor Relations | Jon Nieman | Head of Investments | EMEA

Pritesh Patel has been appointed as the head of Americas at the Abu Dhabi Investment Authority (ADIA). Most recently, he served as the CIO of Americas real estate at Manulife from February 2022 to March 2023. Before this role, he held the position of head of U.S. real estate investments as a senior managing director for seven years. He also held various positions at GE Capital, MetLife Investment Management, and Archon Group, L.P., a Goldman Sachs Company.

Pritesh Patel Appointed As Head Of Americas At Abu Dhabi Investment Authority

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Head of Americas

Tanguy Le Saout has been appointed portfolio manager (PM) for macro fixed income Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund with a reported US$853 billion assets under management (AUM). Le Saout is a highly experienced veteran in the fixed income markets with both buy- and sell-side experience. He was most recently portfolio manager at Fideuram Asset Management, having joined in 2018 from Pioneer Investments. At Pioneer he was appointed head of European fixed income in 2010 managing over â¬40 billion of assets under management with four teams across Europe. He had previously been the firms head of government bonds, and a prop trader managing a book for Unicredit, since 1999. His prior work at Dresdner Bank covered trading of both bonds and equity options, and a research position.

Tanguy Le Saout Appointed Portfolio Manager For Macro Fixed Income Abu Dhabi Investment Authority (adia)

Finance & Investment

Portfolio Manager, Macro Fixed Income

Jerome Mourgue dAlgue is now sole global head of private equity at Abu Dhabi Investment Authority, a spokesman confirmed. Mr. Mourgue dAlgue was global co-head of private equity alongside the other co-head, Sherwood Dodge, who left the sovereign wealth fund. Mr. Dodge wasnt immediately available to comment about his next appointment. The sovereign wealth fund has about $829 billion in assets. Its private equity allocation is between 7% and 12% of its total assets.

Mubadala Investment | Christoph Koster | Head of Investment Strategy & Investor Relations | Jon Nieman | Head of Investments | EMEA

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