ADGM’s Post

Abu Dhabi is The Capital of Capital. It is increasingly viewed as the must be place, for many reasons. If you're a fund manager thinking of setting up here reach out and see how SS&C can help you maximise the operational aspects while you focus on managing your funds.

Abu Dhabi Global Market (ADGM) has played a crucial role in Abu Dhabi’s economic growth, experiencing substantial expansion in the first half of 2024. During this period, ADGM’s assets under management increased by 226% compared to the same time last year. By the end of the first half of 2024, ADGM had 112 funds and asset managers overseeing a total of 141 funds. Additionally, 1,271 new licenses were issued by the end of June 2024, a 20.5% increase from the previous year. In this interview, Arvind Ramamurthy, chief of market development at ADGM, emphasized the rising interest from global asset managers in hedge funds, private equity, and venture capital who are looking to establish a foothold in Abu Dhabi. He noted that ADGM is now the fastest-growing international financial center in the region, with a strong pipeline of developing asset management firms. Read the full interview: https://lnkd.in/dd2e-nfN #ADGM #UAE #AbuDhabi #Economicgrowth #assets #funds #finance

Among the region's thriving financial landscape, ADGM's Chief of Market Development talks about why asset managers are flocking to the capital. #forbes #uae #abudhabi #markets #business #capital #adgm #finance

ADGM, the global finance hub of the UAE’s capital, continues its remarkable ascent, reporting outstanding performance in H1 2024. As the region's fastest-growing financial center and the only jurisdiction applying English Common Law, ADGM's achievements are pivotal in expanding Abu Dhabi's financial landscape. ADGM is increasingly becoming a global magnet for asset management firms, outstanding talent, and investments, and is a cornerstone in cementing Abu Dhabi’s position as the ‘Capital of Capital’. The asset management sector within ADGM continues to thrive, with a notable surge in AUM, global asset managers, firms and funds being anchored. In the first six months of 2024, AUM grew by 226% compared to the same period last year. Read more: https://lnkd.in/e86ACgVD #ADGM #AbuDhabi #Growth #GlobalFinance #EconomicGrowth #AUM #CapitalofCapital

What does it take to build a successful private credit firm? In this panel titled “ADCP Success Stories: Building Asset Manager in ADGM,” we discussed some of the ingredients that enabled institutional investors from the region to invest in Ruya Partners. Special thanks to Abu Dhabi Catalyst Partners and Mubadala Capital for supporting our vision to become a reality and for hosting us on your portfolio day. Ruya Partners #privatecredit #middlemarket #uae #saudiarabia Mirza Beg Rashid Siddiqi Badma Lidzhanov Nasra Alhashemi

Explore Liwa Capital Advisors's flourishing journey within ADGM's Al Reem Island expansion and witness how they harness the dynamic ecosystem to their advantage. By strategically integrating into the vibrant ADGM community, Liwa Capital has not only solidified its presence but also tapped into the expanded real estate offerings. This strategic positioning has enabled them to forge robust partnerships that are pivotal in their growth trajectory. To learn more about ADGM’s Al Reem Island Jurisdiction, click here: 🔗 https://lnkd.in/ew6ypxb4 #LiwaCapital #ADGM #AlReemIsland #StrategicExpansion #DynamicEcosystem #RealEstate #BusinessGrowth #RobustPartnerships #ADGMCommunity #FlourishingJourney #GrowthTrajectory #VibrantCommunity

In an initial public offering (IPO), Alef Education, an Abu Dhabi-based edtech company, plans to float 20% of its share capital, and then list its shares on the Abu Dhabi Exchange. A private institutional investment group, Abu Dhabi Capital Group, indirectly owns Alef Education, which will offer 1.4 billion shares. Tech Nova Investment - Sole Proprietorship Limited and Kryptonite Investments Limited will offer the 1.4 billion shares. Individual investors will receive 8% of the sale during the first tranche, which will run from 28 May to 4 June 2024. Professional investors will receive 92% of the proceeds during the second tranche, which runs from 28 May to 5 June 2024. #uae #dubai #abudhabi #ipo #ipoalert #investor #investors #finance #finances #funding #capital #economy #business #businessgrowth Source - Zawya

Private credit in the UAE is stepping into the spotlight! With fresh regulations from ADGM and DIFC, investors are shaking things up and diversifying away from equity. What’s the buzz around this asset class, and what can we learn from other emerging markets? Diving into the exciting world of private credit at the Limited Partners Summit Dubai, 2024 with Omar Al Yawer, Partner, Ruya Partners moderated by Priyal Mahtta, Senior Correspondent, VCCircle! 🌟 #VCLPSummitDubai24 #VCLPToyow24 #DubaiSummit #InvestmentInsights #VCCircle

ADGM, the Abu Dhabi Global Market, has showcased an impressive start to 2024, with a remarkable 211% surge in Assets Under Management (AUMs) in the first quarter, accompanied by growth in various operational entities. These accomplishments reaffirm ADGM as a top global financial hub, solidifying Abu Dhabi's status as a premier destination for regional and global entities. Abu Dhabi is committed to its economic goals, with ADGM boosting the growth. Whether you're an investor, finance expert, or tech enthusiast, ADGM's progress showcases the region's potential. It signals that the future of finance is taking shape in this vibrant, rapidly expanding ecosystem. With more growth ahead, ADGM promises a bright future, showcasing opportunities and innovation shaping finance in the UAE and beyond. #ADGM #Finance #AUM #AssetUnderManagment #GlobalFinancialHub #AbuDhabi #UAE

Big news announced yesterday by ADGM . As part of the transition to Al Reem Island, ADGM reduce rates for Non Financial and Retail License's by 50% If you are interested to know more, feel free to get in touch. #adgm #alreemisland #abudhabi #businessnews #businessopportunity #businesssetup