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Abu Dhabi Financial Group first to launch fund on Abu Dhabi Global Market

Abu Dhabi Financial Group (" ADFG") has actually ended up being the very first business to launch a fund through the Abu Dhabi Global Market (" ADGM"), the Goldilocks Investment Company (" Goldilocks").

With a financial investment method targeting underestimated chances on GCC markets, the AED735 million (US$ 200 million), ADFG-managed Goldilocks fund aims to seek out equities with a compelling risk/reward profile, and where the Group's involvement can function as a driver to increase value for all stakeholders by way of improvement of management patterns and governance amongst other strategies. Goldilocks is open to regional and international investors, offering access to a pioneering investment strategy billed "constructivism"-- or constructive activism-- a first for the area. Over the in 2015, ADFG's capital markets business, Integrated Capital, has purchased a similar strategy, delivering returns in excess of 120 percent.

Discussing the launch of Goldilocks, Jassim Alseddiqi, CEO of ADFG, said: "ADFG is proud to record another pioneering accomplishment in launching the very first fund through ADGM, the world's latest international financial centre and a global beacon for the Abu Dhabi financial services market. ADGM provides an ideal home for Goldilocks, a dynamic fund which means to have a more active function in producing value from its holdings."

" Through Goldilocks, ADFG will continue to look for opportunities in equity markets where it can favorably transform a business's fortune, revitalising business strategy and providing the motivation to spur it on to future success."

H.E Ahmed Al Sayegh, Chairman of ADGM, included: "We are delighted to welcome Abu Dhabi Financial Group to the ADGM family and praise Mr Jassim Alseddiqi and his team on the successful flagship launch of the Goldilocks Investment Company. As an IFC and monetary regulator, ADGM is committed to offer a robust eco-system and trustworthy regulative structure aimed at attracting a large range of leading business and investment funds that add vibrancy to our marketplace in Abu Dhabi and the UAE.

The ADGM funds platform allows fund managers, located both within and outside of ADGM, to efficiently establish funds within its jurisdiction, utilising a wide range of available corporate, limited partnership and trust vehicles, including Sharia compliant funds and structures, to all investor types while maintaining proportionate levels of investor protection.

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