DUBAI – The Abu Dhabi Investment Authority, or ADIA, one of the world's biggest sovereign wealth funds, Tuesday said it named Christophe Florin, a former executive at French insurance giant Axa (AXAHY), as head of emerging markets fund investments of ADIA's private equity business.
Florin will be responsible for managing existing investments in emerging market funds and for carrying out future investments.
He joins from the French insurer Axa's private equity arm where he was member of the executive board and chief operating officer.
ADIA is estimated by the Sovereign Wealth Fund Institute to have $627 billion of assets under management, making it the largest state-owned fund the organization tracks.
In March, the sovereign fund appointed Eduardo Favrin as head of Latin America in its internal equities department.
foxbusiness.com
Florin will be responsible for managing existing investments in emerging market funds and for carrying out future investments.
He joins from the French insurer Axa's private equity arm where he was member of the executive board and chief operating officer.
ADIA is estimated by the Sovereign Wealth Fund Institute to have $627 billion of assets under management, making it the largest state-owned fund the organization tracks.
In March, the sovereign fund appointed Eduardo Favrin as head of Latin America in its internal equities department.
foxbusiness.com
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