The International Petroleum Investment Company was formed in 1984 as an energy company under the control of Abu Dhabi Investment Authority (ADIA) and the Abu Dhabi National Oil Co. (ADNOC). This report tracks the company as it has moved away from its energy roots and become an investment powerhouse. Two years ago, IPIC purchased 71% of Aabar Investments, an Abu Dhabi investment company, and since then, IPIC has embarked on a new path away from the energy sector. This reports details the history of the move, the people behind it, and the future of IPIC over the next few years.