Global private equity investor Advent opens ADGM office
Advent, a global private equity investor with more than $109 billion in assets under management, has opened an office in Abu Dhabi’s ADGM , joining the growing list of financial institutions with a presence in the UAE capital. The opening of the new office follows a series of openings by the company globally, including in Tokyo and Hong Kong, the company said in a statement on Wednesday. “The new…
Advent, a private equity firm managing over $109 billion in assets, has inaugurated an office in Abu Dhabi’s ADGM, joining an increasing number of financial institutions expanding their presence in the UAE capital. This move follows several global expansions by the company, such as in Tokyo and Hong Kong, according to a statement released on Wednesday.
The new office in ADGM strengthens Advent's existing relationships across the Middle East, allowing it to deepen its engagement with investors and support its portfolio companies. The company, founded in 1984 and managing 460 investments across 45 countries, now has a local base in Abu Dhabi to explore potential investment opportunities.
ADGM, established in 2006, has seen a 54% year-over-year growth in assets under management during the first half of 2026, with 49,027 professionals now working at Al Maryah Island and Al Reem Island, a 34% increase from the same period last year. The expansion of global financial institutions, including New Mountain Capital, Capital Group, and Eurazeo, highlights Abu Dhabi’s appeal as a leading destination for international investment firms.
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