Middle Eastern sovereign wealth fund Abu Dhabi Investment Company has appointed a new head of its private equity unit from a Dubai-based firm in its third high-profile hire this month.

Samir Assaad Samaan has joined ADIC from NBK Capital in Dubai to fill the role left by Robert Wages, who left in late January, two years after he joined to launch its buyout practice. Samaan was also head of private equity at local buyout firm NBK.