Abu dhabi: Hillhouse Investment Management, one of the world's leading global private alternative asset managers, announced the opening of a new office within Abu Dhabi Global Market (ADGM) and the acquisition of a Category 3C license from the Financial Services Regulatory Authority (FSRA).
According to Emirates News Agency, the new office signifies Hillhouse's long-term commitment and confidence in the region's evolving financial ecosystem, highlighting its dedication to enhancing investment activity and client partnerships across the UAE and the broader Gulf region. Hillhouse has already established a strong presence in the UAE through investments in Virtuzone and Clara via its business services platform Ascentium, as well as in Hartland International School and North London Collegiate School through its real assets investment arm, Rava Partners.
The establishment of the Abu Dhabi office aims to enhance the firm's ability to identify opportunities, execute investments, and collaborate with local stakeholders. Ahmed Jasim Al Zaabi, Chairman of ADGM, emphasized that Hillhouse's decision to establish a regional presence in ADGM underscores Abu Dhabi's stature as a leading global financial centre, reinforcing its position as a stable and trusted destination for global businesses.
ADGM, established in 2015, is a prominent financial hub and one of the world's largest financial districts, connecting global investors with regional opportunities. Its stable economic foundations, robust regulatory framework, and focus on diversification have positioned Abu Dhabi as a bridge between East and West, a role that continues to grow as global capital seeks resilient, growth-oriented markets.
In recent years, ADGM has experienced accelerated growth, becoming the fastest-growing financial centre in the Middle East, Africa, and South Asia (MEASA), and the region's largest financial centre in terms of active licenses. Adam Hornung, Co-Chief Operating Officer at Hillhouse Investment, expressed confidence in Abu Dhabi's role as a major financial and investment hub, stating that the new office will help strengthen partnerships and expand Hillhouse's regional platform across the UAE and the wider GCC.
