Adia adds Asian and direct private equity exposure

Abu Dhabi Investment Authority (Adia) has been steadily raising its allocation to direct private equity and private credit and to Asian PE assets, particularly in China and India, said the sovereign wealth fund in its annual review, in which it set out its views across asset classes. Adia has also been steadily adding to its private equity team, including executives with direct transaction experience, as well as regional and sector specialists, but did not provide specific numbers…