ABU DHABI, 22nd May, 2023 (WAM) — Abu Dhabi Retirement Fund, in collaboration with the Institutional Limited Partners Association (ILPA),
hosted three international training workshops to enhance the efficiency of the investment sector workforce in Abu Dhabi.
The workshops were attended by a large number of representatives from retirement institutions and sovereign wealth funds at the local, regional, and Middle Eastern levels.
The fund stated that these three training workshops, held at its headquarters in Abu Dhabi over the course of a week, were the first of their kind in the field of retirement fund investment in Abu Dhabi. They were conducted as part of a joint cooperation agreement between the fund and the global ILPA.
The hosting of these international training sessions aims to enhance the fund's leadership as an institution focusing on training and developing the performance of retirement funds, both locally and internationally.
The training workshops covered important topics such as private equity partnerships, co-investment, and legal documentation. The fund clarified that these workshops aimed to develop the proficiency of professionals working in this vital investment sector, maximising their individual, institutional, and collective performance as trusted financial professionals who allocate capital to successful investments on behalf of the plan participants and beneficiaries.
The fund emphasised the significance of this type of professional qualification, which primarily stems from the reputation and importance of the organization responsible for training specialised professionals. This was a key driver for cooperation with ILPA, as it is one of the most prominent global entities in developing the performance of retirement funds and investments, managing over 50 percent of the total global private equity assets, exceeding a value of US$2 trillion.
ILPA is the only global organisation dedicated exclusively to promoting the interests of limited partners and beneficiaries through high-quality education, research, advocacy, and events. It represents around 600 institutions and has over 7,000 professional members from 50 countries, encompassing all categories of investors in small and large institutions, including public and private pension funds, universities, charities, family offices, insurance companies, investment firms, development financial institutions, and sovereign wealth funds.