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You should have assets around $3 million to $300 million or managing $20 million to $3 billion.
Swiss Probe Ex- Abu Dhabi Official on 1MDB
Khadem al- Qubaisai who previously ran International Petroleum Investment Company or IPIC is suspected of fraud, money laundering and corruption. Qubaisi is one of four suspects named in a letter last month from Swiss prosecutor, Michael Lauber to BSI bank.
Qubaisi was one of Abu Dhabi’s most active investors in recent years and led IPIC‘s investments in assets such as Virgin Galactic and Tesla Motors. Qubaisi is alleged by U.S. authorities to have used 1MDB funds to buy a New York penthouse and other real estate worth $100 million.
The 2023 Investment Day | HK & SG - Visit & Register here
Where do you invest $250k, $1 million, $10 million, $100 million or $1 billion? Can you generate IRR of 10% / 15% / 20% or more? Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 28th March 2023 in Hong Kong, 4th April 2023 in Singapore, and Virtual Investment Day in April 2023.
About International Petroleum Investment Company
International Petroleum Investment Company (IPIC), formed by the Abu Dhabi government in 1984 to invest in the energy and related sectors across the globe.Today it manages a portfolio of investments in more than 18 leading companies across the hydrocarbon value chain, including exploration and production, shipping and pipelines, downstream retail and marketing, petrochemicals, power and utilities as well as industrial services. The company was created by The Late HH Sheikh Zayed Bin Sultan Al-Nahyan, founder and first President of the United Arab Emirates, to advance his vision of using Abu Dhabi’s natural petroleum wealth to build a modern, diversified economy for the benefit of future generations.