Jim Hime leaves ADIA

Jim Hime has stepped down as CFO of the real estate department at Abu Dhabi Investment Authority (ADIA), a United Arab Emirates (UAE) sovereign wealth fund, effective on July 31. Hime and his wife have plans to relocate to Texas to be closer to their ailing parents.

“It is a decision we reached with some reluctance, as we have loved living in the United Arab Emirates, and ADIA is a fantastic organization with an incredibly talented staff of experienced professionals,” says Hime. “I have enjoyed every minute here.”

One of the deputy directors at ADIA will take on the responsibilities of CFO of real estate on an interim basis until the search begins for a permanent replacement.

ADIA manages approximately $627 billion, according to the Sovereign Wealth Fund Institute, with a real estate