Post by : Bianca Suleiman
Abu Dhabi, UAE – Hillhouse Investment Management, recognized among the top global private alternative asset managers, has inaugurated its latest office at the Abu Dhabi Global Market (ADGM). Securing a Category 3C license from the Financial Services Regulatory Authority (FSRA) allows the firm to scale its investment initiatives in the UAE and the Gulf region.
The establishment of this office highlights Hillhouse's enduring commitment to the area and signifies confidence in the ongoing development of Abu Dhabi's financial landscape. This presence enhances the firm’s capability to identify investment prospects, finalize agreements, and collaborate effectively with local partners.
With previous investments in UAE ventures such as Virtuzone and Clara through its business services wing, Ascentium, and in educational real estate with Hartland International and North London Collegiate schools via its real assets arm, Rava Partners, Hillhouse has made considerable strides in the region.
Ahmed Jasim Al Zaabi, Chairman of ADGM, remarked, “Hillhouse’s move to establish a presence in ADGM exemplifies Abu Dhabi's reputation as an esteemed global financial center and a prime location for international firms.”
Since its inception in 2015, ADGM has solidified its status as a principal global financial hub, connecting investors internationally with local opportunities. The stable economic framework and strategic geographical positioning of Abu Dhabi continue to appeal to global investors seeking stability and growth.
Adam Hornung, Co-Chief Operating Officer at Hillhouse Investment, noted, “Our new office in Abu Dhabi is designed to foster deeper collaborations with investors, businesses, and governmental bodies throughout the region. We are optimistic about Abu Dhabi’s potential as a central financial and investment hub and anticipate developing our platform further with local expertise and advisory support.”
This expansion symbolizes a pivotal advancement in Hillhouse’s strategy to bolster its presence in the UAE and the broader GCC, aiding in sustainable growth across diverse sectors.
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