Reported 8 months ago
Abu Dhabi Investment Authority, the largest fund in Abu Dhabi, has appointed former JD.com Inc. finance chief Hugo Hu to oversee its private equity investments in China. This hiring reflects the UAE's growing interest in emerging markets, especially in China, as ADIA continues to focus more on private equity investments. Hu's previous experience includes working at JD Group and Warburg Pincus, and his appointment coincides with JD.com Inc.'s subsidiary seeking a listing in Hong Kong.
Source: YAHOO