Barings and Bain Capital Establish Bases in Abu Dhabi's ADGM
Two major global alternative investment managers, Barings and Bain Capital, have established new offices in the Abu Dhabi Global Market (ADGM), signaling strong confidence in the UAE despite ongoing geopolitical tensions. Barings, managing $418 billion in assets, opened its second UAE office to deepen ties with institutional investors and sovereign wealth funds in the Gulf. Similarly, Bain Capital, with $215 billion in assets, designated its new ADGM base as a regional hub to expand partnerships and enhance connectivity within its global platform. These moves follow the recent establishment of an office by Hillhouse Investment Management, highlighting a growing trend of international financial firms choosing Abu Dhabi as a strategic entry point to the Middle East. ADGM officials praised the decisions as endorsements of the center’s regulatory clarity and stability. Although a recent 40-day conflict involving Iran has created global uncertainty and impacted local tourism sectors, cross-border investment flows and long-term capital commitments remain robust. The presence of these firms underscores Abu Dhabi’s role as a critical connector between international capital and regional opportunities, leveraging its proximity to major sovereign wealth funds like ADIA and Mubadala.
Wire timeline
Barings and Bain Capital Establish Bases in Abu Dhabi's ADGM
Two major global alternative investment managers, Barings and Bain Capital, have established new offices in the Abu Dhabi Global Market (ADGM), signaling strong confidence in the UAE despite ongoing geopolitical tensions. Barings, managing $418 billion in assets, opened its second UAE office to deepen ties with institutional investors and sovereign wealth funds in the Gulf. Similarly, Bain Capital, with $215 billion in assets, designated its new ADGM base as a regional hub to expand partnerships and enhance connectivity within its global platform. These moves follow the recent establishment of an office by Hillhouse Investment Management, highlighting a growing trend of international financial firms choosing Abu Dhabi as a strategic entry point to the Middle East. ADGM officials praised the decisions as endorsements of the center’s regulatory clarity and stability. Although a recent 40-day conflict involving Iran has created global uncertainty and impacted local tourism sectors, cross-border investment flows and long-term capital commitments remain robust. The presence of these firms underscores Abu Dhabi’s role as a critical connector between international capital and regional opportunities, leveraging its proximity to major sovereign wealth funds like ADIA and Mubadala.
thenationalnews