Abu Dhabi UAE: Abu Dhabi Catalyst Partners today announced a strategic partnership with The Carlyle Group. The partnership is in line with Abu Dhabi Catalyst Partners’ mandate to partner with industry-leading entities to build a sustainable business presence in Abu Dhabi.
Abu Dhabi Catalyst Partners, a joint venture between Mubadala Investment Company and Falcon Edge Capital, was established in April 2019. The company provides an operational base in Abu Dhabi, the cross roads of international trade, from which firms can expand their global footprint.
The Carlyle Group has identified Abu Dhabi as its regional headquarters as it looks to grow its presence and reach in the MENA region. At the same time, The Carlyle Group is looking to work closely with the broader Abu Dhabi community by basing and growing its regional headquarters in ADGM Square.
The partnership represents a meaningful commitment to a physical presence in the UAE’s capital and under the jurisdiction of ADGM.
Waleed Al Mokarrab Al Muhairi, Mubadala Deputy Group Chief Executive Officer and Chief Executive Officer of Alternative Investments & Infrastructure, said: “We are pleased to have The Carlyle Group establish their regional headquarters at ADGM Square and we are confident that their presence in Abu Dhabi will support their efforts to grow their business globally.”
Glenn Youngkin, Co-Chief Executive Officer of Carlyle, added “We are very excited about the presence of The Carlyle Group in Abu Dhabi and look forward to working closely with Abu Dhabi Catalyst Partners to ensure the success of Carlyle’s growth initiative in Abu Dhabi.”
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About Abu Dhabi Catalyst Partners
Abu Dhabi Catalyst Partners was launched in April 2019 to partner with industry-leading businesses. The objective is to build a sustainable business presence in ADGM. Abu Dhabi Catalyst Partners is a joint venture between Mubadala Investment Company and Falcon Edge Capital, a New York-based investment company.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $222 billion of assets under management as of September 30, 2019, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,775 people in 33 offices across six continents.
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