On March 12, 2026, Christofferson Robb & Company and the Abu Dhabi Investment Authority announced their agreement to create a new fund.
Christofferson Robb & Company (“CRC”) and the Abu Dhabi Investment Authority (“ADIA”) announced, on March 12, 2026, that they had reached an agreement to launch a new fund that will invest in significant risk transfer transactions. Under the agreement, the new fund will be managed by CRC. Also, ADIA will acquire a participation interest in CRC. Further terms of the transaction were not disclosed.
CRC, based in New York, is a private credit manager investing in bank capital strategies. As of December 2025, CRC had approximately $9.8 billion in assets under management. Piper Sandler served as sell-side advisor to CRC in the transaction.
ADIA, based in Abu Dhabi, United Arab Emirates, is a sovereign wealth fund investing for the Government of Abu Dhabi across a range of asset classes. ADIA has an estimated $1.1 trillion in assets under management.
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