ADIA’s Private Equity Global Co-Head Dodge Leaves After 7 Years

May 31, 2023, 1:00 PM UTC

Sherwood Dodge, Abu Dhabi Investment Authority’s global co-head of private equities, has left the $1 trillion sovereign wealth fund after more than seven years.

Following Dodge’s departure, ADIA veteran Jerome Mourgue d’Algue, who was promoted to co-head of the business last year, has become the division’s sole head, according to a spokesman for the fund.

Mourgue d’Algue has spent about 11 years working at ADIA after starting as a senior portfolio manager in 2012, according to his LinkedIn. He previously worked at Morgan Stanley Capital Partners and McKinsey & Co., his profile shows.

ADIA, set up in 1976 ...

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