Company Insights Abu Dhabi Investment Authority Banking & Finance Abu Dhabi Investment Authority Overview The Abu Dhabi Investment Authority – or Adia – is a sovereign wealth fund that was created to invest funds on behalf of Abu Dhabi’s government. Adia manages the emirate’s excess oil reserves and is one of the world’s largest sovereign wealth funds, estimated by the Sovereign Wealth Fund Institute to manage more than $990 billion. Originally set up as the Financial Investments Board in 1967, it was converted into the Abu Dhabi Investment Authority in 1976 by the UAE’s founding president Sheikh Zayed bin Sultan Al Nahyan Adia’s manages a diversified global investment portfolio spanning most industry sectors across the world, ranging from international equities, private equity and bonds to real estate, infrastructure, retail and renewable energy. It owns large stakes in companies including the Swiss bank UBS, private equity companies Carlyle Group and Blackstone, Hyatt Hotels and the retail and entertainment conglomerate Majid Al Futtaim. Adia says three important decisions form the foundations of ADIA’s growth and contribution to Abu Dhabi’s economy: that it looks beyond market cycles and fluctuations and invests for the long term; that it is an Abu Dhabi-based, global investor and that it is independent of domestic political and regulatory considerations. Abu Dhabi Investment Authority News Finance UAE’s $1.4trn US pledge is political positioning, experts say The UAE’s pledge to invest $1.4 trillion in the US over the next 10 years is about political positioning rather than exact numbers, according to experts. The country committed to a 10-year $1.4 trillion investment in AI infrastructure, semiconductors, energy and American manufacturing during a meeting in Washington last week, according to a White House announcement. […] March 27, 2025 Finance Adia-backed London insurer seeks funds for growth Ardonagh Group, a British insurance group backed by the Abu Dhabi Investment Authority (Adia), is reportedly close to raising $2.5 billion to fund its expansion. The London-based company will also use the funds for potential acquisitions, Bloomberg reported, citing unnamed sources. In December 2024, Adia and US private equity Stone Point Capital announced an investment in […] March 26, 2025 Tourism Abu Dhabi’s Adia buys stake in European Camping Group The UAE’s sovereign fund Abu Dhabi Investment Authority (Adia) has agreed to buy a significant minority stake in European Camping Group (ECG), a key player in the European outdoor hospitality sector, from private equity company PAI Partners. The deal, expected to close in the second quarter of this year, is subject to regulatory approvals, ECG […] March 25, 2025 Renewable Energy UAE’s Masdar expands renewable energy footprint Abu Dhabi renewable energy company Masdar invested nearly AED30 billion ($8.2 billion) in equity last year and secured more than AED16.5 billion in project financing across nine countries. The company, which is targeting a renewable energy portfolio capacity of 100 gigawatts by 2030, has developed and partnered in projects in more than 40 countries, the […] March 24, 2025 Energy ADQ and ECP of the US bet on data centre projects Abu Dhabi sovereign wealth fund ADQ has formed a partnership with Energy Capital Partners, a US private equity company, to build power generation and energy infrastructure, primarily in the US. The goal of the prospective $25 billion, 50-50 tie-up is to support growing energy demand by data centres, large cloud providers, and other so-called hyperscalers – […] March 20, 2025 Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025 Health Waha Capital to expand UAE health business Abu Dhabi’s Waha Capital, a listed company with $3.2 billion of assets under management, plans to expand its healthcare business in the UAE, and could make acquisitions to do so. The company aims to tap demand from the emirates’ expanding population and visitors from India, its chief financial officer said. Waha is part-owned by Abu […] February 19, 2025 Retail Adia-backed Lenskart to raise $1bn from Indian IPO Lenskart, a high profile optical retailer which is backed by the UAE’s sovereign fund Abu Dhabi Investment Authority (Adia), is planning to file for a $1 billion initial public offering (IPO). The company’s potential valuation has doubled to $10 billion from $5 billion last year after it raised $200 million from a secondary round, the Economic […] February 17, 2025 Mining ADQ joins Orion in $1.2bn metals joint venture The third-largest of Abu Dhabi’s sovereign wealth funds, ADQ, is setting up a $1.2 billion joint venture with the US investment company Orion Resource Partners to invest in the metals and mining sector. The 50-50 joint venture will be based in Abu Dhabi and will target long-term agreements to source essential metals and minerals, including […] January 30, 2025 Banking & Finance Adia-backed bidders close in on Malaysia Airports buy-out A $4.2 billion bid to buy out Malaysia Airports backed by the Abu Dhabi Investment Authority (Adia), the emirate’s biggest sovereign wealth fund, has moved a step closer. Shareholder acceptance of the bid is above 95 percent. The offer is by a consortium called the Gateway Development Alliance (GDA), which is led by Malaysia’s sovereign […] January 29, 2025 Posts navigation 1 2 … 13 Next
Finance UAE’s $1.4trn US pledge is political positioning, experts say The UAE’s pledge to invest $1.4 trillion in the US over the next 10 years is about political positioning rather than exact numbers, according to experts. The country committed to a 10-year $1.4 trillion investment in AI infrastructure, semiconductors, energy and American manufacturing during a meeting in Washington last week, according to a White House announcement. […] March 27, 2025
Finance Adia-backed London insurer seeks funds for growth Ardonagh Group, a British insurance group backed by the Abu Dhabi Investment Authority (Adia), is reportedly close to raising $2.5 billion to fund its expansion. The London-based company will also use the funds for potential acquisitions, Bloomberg reported, citing unnamed sources. In December 2024, Adia and US private equity Stone Point Capital announced an investment in […] March 26, 2025
Tourism Abu Dhabi’s Adia buys stake in European Camping Group The UAE’s sovereign fund Abu Dhabi Investment Authority (Adia) has agreed to buy a significant minority stake in European Camping Group (ECG), a key player in the European outdoor hospitality sector, from private equity company PAI Partners. The deal, expected to close in the second quarter of this year, is subject to regulatory approvals, ECG […] March 25, 2025
Renewable Energy UAE’s Masdar expands renewable energy footprint Abu Dhabi renewable energy company Masdar invested nearly AED30 billion ($8.2 billion) in equity last year and secured more than AED16.5 billion in project financing across nine countries. The company, which is targeting a renewable energy portfolio capacity of 100 gigawatts by 2030, has developed and partnered in projects in more than 40 countries, the […] March 24, 2025
Energy ADQ and ECP of the US bet on data centre projects Abu Dhabi sovereign wealth fund ADQ has formed a partnership with Energy Capital Partners, a US private equity company, to build power generation and energy infrastructure, primarily in the US. The goal of the prospective $25 billion, 50-50 tie-up is to support growing energy demand by data centres, large cloud providers, and other so-called hyperscalers – […] March 20, 2025
Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025
Health Waha Capital to expand UAE health business Abu Dhabi’s Waha Capital, a listed company with $3.2 billion of assets under management, plans to expand its healthcare business in the UAE, and could make acquisitions to do so. The company aims to tap demand from the emirates’ expanding population and visitors from India, its chief financial officer said. Waha is part-owned by Abu […] February 19, 2025
Retail Adia-backed Lenskart to raise $1bn from Indian IPO Lenskart, a high profile optical retailer which is backed by the UAE’s sovereign fund Abu Dhabi Investment Authority (Adia), is planning to file for a $1 billion initial public offering (IPO). The company’s potential valuation has doubled to $10 billion from $5 billion last year after it raised $200 million from a secondary round, the Economic […] February 17, 2025
Mining ADQ joins Orion in $1.2bn metals joint venture The third-largest of Abu Dhabi’s sovereign wealth funds, ADQ, is setting up a $1.2 billion joint venture with the US investment company Orion Resource Partners to invest in the metals and mining sector. The 50-50 joint venture will be based in Abu Dhabi and will target long-term agreements to source essential metals and minerals, including […] January 30, 2025
Banking & Finance Adia-backed bidders close in on Malaysia Airports buy-out A $4.2 billion bid to buy out Malaysia Airports backed by the Abu Dhabi Investment Authority (Adia), the emirate’s biggest sovereign wealth fund, has moved a step closer. Shareholder acceptance of the bid is above 95 percent. The offer is by a consortium called the Gateway Development Alliance (GDA), which is led by Malaysia’s sovereign […] January 29, 2025
