ADCP Invests Strategically in Ardian's Secondaries Fund IX

Abu Dhabi Catalyst Partners (ADCP), a joint venture between Mubadala Capital and Alpha Wave Global, has announced a strategic investment in leading private investor Ardian’s Secondaries Fund IX (ASF IX).

ADCP’s investment in ASF IX aligns with the Abu Dhabi-based investor’s mandate to support the development of 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. As a long-term partner across Abu Dhabi, we know the Ardian team and institution well, and we understand the value of the resources and expertise the firm is bringing to ADGM as it continues to scale here. The pace at which the world’s leading investors such as Ardian are growing in Abu Dhabi underlines the attractiveness of ADGM as an international financial centre.”

Yacine Zarrouk, Managing Director and Co-Head of Ardian Abu Dhabi, added, “We are pleased to have established such a mutually beneficial partnership with ADCP and to thrive within the rewarding ecosystem at ADGM. With our dedicated Secondaries investors professionals in Abu Dhabi, we are delighted to have enabled ADCP access to ASF IX, and with it to one of the world’s largest Secondaries & Primaries platform. We look forward to continuing to build enduring relationships with quality investors in the region and provide deep and differentiated value.”

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 opened its office at ADGM in January 2023, which provides proximity to investors and serves as a gateway for deployment, fundraising and serving portfolio companies in the Gulf.

Ardian has a growing team of investment professionals in Abu Dhabi focused on deploying capital across the region.

Amjad Saleh