ABU DHABI — Investment Management (ADIM), part of Invest AD, has established a new office in the Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi. It will be regulated by the ADGM’s Financial Services Regulatory Authority (FSRA).

Invest AD recently introduced a multi-boutique structure under its Asset Management platform, targeting institutional investors. This multi-boutique approach has resulted in ADIM attracting a group of experienced fund managers with a diverse background and set of skills who have been investing for a combined 83 years in the Middle East and North Africa working for leading global and regional financial institutions.

Faras Al Ramahi, Chairman of ADIM & CEO of Invest AD, said “building out the MENA equity capability was a key strategic initiative at Invest AD. With ADIM’s creation, we now have three asset management businesses established in the ADGM focusing on different asset classes in different regions. The strength and stability of ADIM’s parent will provide additional comfort to investors and will allow ADIM to remain focused on delivering performance for its investors which in itself is the main advocate of its sustainability. We have carefully chosen the investment team in ADIM based on their impressive track record performing across different market cycles.”