Wealth and Asset Management
Abu Dhabi fund Mubadala opposes Witkoff’s bid to lead sale of Low’s Park Lane stake
Mubadala Development, an Abu Dhabi sovereign-wealth fund which owns a stake in the Park Lane Hotel conversion, is opposed to several key aspects of a plan to put developer Steve Witkoff in charge of selling alleged 1MDB fraudster Jho Low’s interest in the project. Last week, the U.S. Department of…
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