Advent opens Abu Dhabi office as private capital interest in emirate grows
Abu Dhabi continues to attract global investment firms as regional tensions persist across the Middle East. Advent is the latest private equity group to establish a presence in the emirate, adding an office in the ADGM financial center.
Highlights
- Advent opened a new office in Abu Dhabi’s ADGM, appointing Mehdi Iraqi as managing director for limited partner services in June 2024.
- Mehdi Iraqi, who joined Advent in January after positions at AMG and Carlyle, will lead institutional investor relations across the region.
- Advent’s expansion into Abu Dhabi aims to boost access to regional investors and deepen fundraising efforts despite ongoing regional conflict.
Office launch and regional leadership
As reported by Bloomberg, citing Advent, the new office in Abu Dhabi’s financial hub, ADGM, is headed by Mehdi Iraqi, managing director for limited partner services.Iraqi joined Advent in January and brings nearly two decades of experience working with institutional investors across the region. His previous roles include positions at AMG and Carlyle.
Abu Dhabi’s appeal for private capital
The move highlights Abu Dhabi’s continued draw for international private capital firms, even as conflict in the wider region continues. For Advent, the new base strengthens its access to regional investors and expands its footprint in a market that remains important for global fundraising and relationship building.In our earlier report on the IMF’s outlook for the Middle East and Central Asia, we outlined how escalating conflict risks and potential disruptions to energy production and trade routes could weigh on regional growth. The analysis highlighted uneven economic shocks across countries, limited policy buffers, and the need to prioritize price stability and fiscal resilience as volatility persists.
Latest Company News News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
