主权财富基金

Abu Dhabi fund offers to buy out investors fleeing China private equity

Deal with Hong Kong-based PAG could provide exit at a discount for US pension funds

The Abu Dhabi Investment Authority is seeking to capitalise on western investors’ retreat from China by offering to buy at a discount their stakes in funds managed by Hong Kong-based PAG.

The move from Abu Dhabi’s main sovereign wealth fund, described by four p