Emirates Investment Authority (EIA) is a sovereign wealth fund based in Abu Dhabi, United Arab Emirates. Established in 2007, EIA is a custodian of the federal assets of the United Arab Emirates and is mandated to strategically invest funds allocated by the federal government to create long-term value for the UAE and contribute to the future prosperity of the country. The assets are managed by the Board of Directors.Emirates Investment Authority's investment portfolio is valued at over $45 billion, with investments in private equity, real estate, hedge funds, infrastructure, publicly-traded equities, fixed income securities, and cash.