Skip to content

Connecting business. Building understanding. Advancing peace.

ADIA in Talks to Anchor Primavera Fund with ByteDance Exposure

The Abu Dhabi Investment Authority is in advanced talks to anchor a new private equity fund managed by China's Primavera Capital Group. The vehicle is designed to provide ADIA with secondary market exposure to Chinese technology firm ByteDance. The move aligns with the sovereign fund's strategy to expand secondary market investments in Chinese digital assets.

Photo: DealStreetAsia

The Abu Dhabi Investment Authority (ADIA) is in advanced discussions to anchor a new private equity fund managed by Chinese investment firm Primavera Capital Group, according to a report by DealStreetAsia.

The proposed fund structure is designed to provide the UAE sovereign wealth fund with secondary market exposure to Chinese technology company ByteDance.

The negotiations align with ADIA's strategy to expand secondary investments and increase its exposure to leading Chinese digital assets, further strengthening institutional capital connections between Abu Dhabi and Chinese market leaders.

Sources

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy