31 January 2016
Based on its strong performance and international expansion over the last 12 months, ADFG's AUM increased significantly to reach $3.5bn

Abu Dhabi, UAE: Abu Dhabi Financial Group ("ADFG"), the multi-billion dollar alternative investment firm, has been recognised at the MENA Fund Manager Awards 2016 winning the accolade for UAE Asset Manager of the Year. The team, represented by ADFG's Chief Operating Officer, Mustafa Kheriba, received the honour at a ceremony held at the Ritz Carlton DIFC, Dubai, in front of prominent figures from the Middle East's financial community.

On accepting the award, Mustafa Kheriba, Chief Operating Officer of Abu Dhabi Financial Group, said: "It is an honour to receive the award for UAE Asset Manager of the Year on behalf of the entire team at ADFG. Over the last year, ADFG has successfully adapted to developing economic conditions through its strategy of pursuing opportunistic investments across a variety of sectors and geographies. This has been highlighted by key milestones for the firm, such as opening Montenegro's largest mixed-use real estate development, The Capital Plaza, and the launch of our brokerage platform, Integrated Securities."

"In 2016, ADFG will continue to build on its reputation as a leading alternative investment firm within the MENA region and internationally. Evolving our investment approach is critical to ensure we continue to deliver solid returns to our investors, however, our dexterity, strong pipeline of projects and unique deal sourcing capability within our key markets, means that the prospects for 2016 are very promising."

Since it was founded in 2011, ADFG has demonstrated rapid growth based on its exemplary performance, with Assets Under Management (AUM) today reaching $3.5bn. Despite its international expansion, the central tenets which differentiate ADFG from the peer group continue to be its speed of execution, its capacity to source quality deals and a consistent ability to generate value and deliver returns to investors.

The MENA Fund Manager Performance Awards are presented to firms based on overall performance, along with a wide range of qualitative and structural benchmarks. The honours are decided by a judging panel representing a cross-section of the industry's leading institutional and private investors, as well as industry experts. The seventh edition of the Awards represented the single largest gathering of regionally-based fund managers in the industry calendar.

ADFG has a track record of success at the MENA Fund Manager Performance Awards, winning for Outstanding Performance & Innovation in 2014 and 2015, following consecutive years of landmark international deals and exceptional performance, and for Private Equity Fund of the Year in 2013.

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About Abu Dhabi Financial Group (ADFG)
Headquartered in Abu Dhabi, ADFG is a multi-billion dollar alternative investment firm with operations encompassing, through its subsidiaries and affiliates, investments, asset management, advisory and research, financing and structuring solutions, and real estate development. ADFG is a pioneer in alternative investments in the region with a focus on financial services, real estate and debt.

For more information on ADFG, visit www.adfg.ae.

For further information, please contact:
Tom Drummond / Tameem Alkintar
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-4507600
Email: tom.drummond@bm.com / tameem.alkintar@bm.com

© Press Release 2016