Abu Dhabi, UAE - 01 October 2012: The Abu Dhabi Investment Authority (ADIA) said today that it has appointed Colm Lanigan as Head of Principal Investments in its Private Equities Department, effective immediately.

In this new role, Mr. Lanigan will be responsible, alongside senior management, for developing strategy and overseeing the execution and management of principal investments, in which ADIA acquires equity stakes in private companies, typically alongside private equity sponsors or partners. Based in Abu Dhabi, Mr. Lanigan will report to Hareb Al Darmaki, Executive Director of ADIA's Private Equities Department.

With over 20 years of public and private markets experience, Mr. Lanigan's career has included senior roles in some of the world's largest and most respected financial institutions. Most recently, he served as Managing Partner of Tara Capital, a boutique private equity firm that he started in 2005. Prior to this, he was a partner at Caxton-Iseman Capital, the private equity affiliate of hedge fund Caxton Associates, where he helped to expand the firm's principal investment business. From 1996 to 2001, Mr. Lanigan worked in leveraged finance at Credit Suisse First Boston where he advised companies, as well as private equity and hedge funds on capital raising and strategic alternatives across multiple industries. He also served as a capital markets advisor for the International Monetary Fund, with a focus on debt market development, interest rate liberalisation and reserve management in several Asian countries.

He received an LLB/JD degree from the University of Toronto Law School and a B.Sc from the University of Toronto.

Commenting on the appointment, Mr. Al Darmaki said: "Colm is a highly experienced private equity investor, with a proven track record across the industry, including in the emerging markets space. He will play an important role in managing our portfolio of existing principal investments, while further developing our strategy in this area."

Established in 1976, the Abu Dhabi Investment Authority (ADIA) is a globally diversified investment institution that is wholly owned by the Government of Abu Dhabi.

ADIA manages a substantial global investment portfolio, which is highly diversified across more than two-dozen asset classes and sub-categories, including quoted equities, fixed income, real estate, private equity, alternatives and infrastructure. With a long tradition of prudent investing, ADIA's decisions are based solely on its economic objectives of delivering sustained, long-term financial returns.

ADIA's Private Equities Department is responsible for investing in private equity funds globally on a primary and secondary basis, and investing directly in private companies alongside private equity sponsors or partners. The Department has four investing activities: primary funds, secondary funds, venture capital and principal investments. The primary funds activity is organised geographically across North America, Europe and Emerging Markets whilst secondary, venture capital investing and principal activities operate on a global platform.

Press Contact
Erik Portanger
Head of Media Relations
Abu Dhabi Investment Authority
Phone + 971 2 41 5 3306 (office)
Phone + 971 50 443 1270 (mobile)

© Press Release 2012