ADIA to invest $1.5bn in GLP.

ADIA, a sovereign wealth fund owned by the Abu Dhabi Emirate, agreed to invest $1.5bn in GLP, an investment management firm. “We are delighted to strengthen our relationship with ADIA in line with our strategy of creating scalable partnerships with world-class investment partners. With this enhanced capital base and strategic alignment, this investment further positions us to accelerate growth and take advantage of the significant market opportunities we see associated with the secular expansion of new economy sectors in which we operate,” Ming Mei, GLP Co-Founder and CEO.