Abu Dhabi Catalyst Partners (ADCP), a joint venture between Mubadala Capital and Alpha Wave Global, announced a strategic investment in leading private investor Ardian’s Secondaries Fund IX (ASF IX).
ADCP’s investment in the fund is to support Abu Dhabi-based investors’ mandate to support the development of the Abu Dhabi Global Market (ADGM) as an international financial centre.
As part of the partnership, Ardian, which already has a presence in ADGM, has committed to scaling its team within the market.
In a joint statement, Maxime Franzetti and Fatima Al Noaimi of Abu Dhabi Catalyst Partners said, “Ardian is a leading private markets firm and an important part of Abu Dhabi’s financial ecosystem, so we are excited to be forging this new partnership.”
The pace at which the world’s leading investors such as Ardian are growing in the emirate underlines the attractiveness of ADGM as an international financial centre, the statement added.
Yacine Zarrouk, Managing Director and Co-Head of Ardian Abu Dhabi, said the firm is pleased in striking such a mutually beneficial partnership with ADCP, and to thrive within the rewarding ecosystem at ADGM.
“We look forward to continuing to build enduring relationships with quality investors in the region and provide deep and differentiated value,” he said.
Since its inception in 2019, ADCP has launched over 25 partnerships with global asset managers and companies, as part of their continued growth in ADGM.
Ardian, which opened its office at ADGM in January 2023, serves as a gateway for deployment, fundraising and serving portfolio companies in the Gulf.
It has a growing team of investment professionals in the emirate focused on deploying capital across the region.
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