Abu Dhabi Catalyst Partners concludes 2nd edition of ADCP Portfolio Forum

ABU DHABI: Abu Dhabi Catalyst Partners (ADCP), a joint venture between Mubadala Capital and Alpha Wave Global, with a mandate to support the development of Abu Dhabi Global Market (ADGM), announced the conclusion of the second edition of its ADCP Portfolio Forum. Held at The Four Seasons Hotel in Abu Dhabi, the event served as a dynamic platform for ADCP's community of portfolio companies, shareholders and strategic partners to reflect on the achievements of ADCP's portfolio and engage in meaningful discussions on key investment themes across a range of asset classes. Over the last 12 months, ADCP has built on its existing portfolio by partnering with seven fund managers, all of whom have committed to grow their businesses in ADGM. Notably, ADCP launched partnerships with leading asset managers Ardian, Brevan Howard and Investindustrial. In the year ahead, with ADGM pursuing an ambitious expansion programme across Al Reem Island, ADCP will continue to play a key role in attracting leading global asset mana gers by providing them with capital and expertise to help them establish and grow their presence in the international financial centre. Hani Barhoush, CEO and Managing Director of Mubadala Capital, said, 'Abu Dhabi Catalyst Partners' 2024 Portfolio Forum was an opportunity to reinforce our unwavering commitment to driving sustainable progress and creating a thriving investment ecosystem in Abu Dhabi. We look forward to furthering the momentum generated during this event as we continue to play a crucial role in shaping the future of strategic investments in the region.' Rick Gerson, Chairman and Chief Investment Officer of Alpha Wave, added, 'Catalyst has had a stellar year and has strong momentum heading into 2024. We look forward to continuing to contribute to the advancement of the ADGM, through creating global partnerships with our portfolio and across the Abu Dhabi community.' The discussions during the forum yielded valuable outcomes, contributing to the advancement of strategic investments in ADGM, a nd setting the stage for future growth in the region. Notably, the event emphasised ADCP's commitment to creating lasting value and forging strong partnerships within the Abu Dhabi business community. Source: Emirates News Agency

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