Capital Group to launch 1st regional office in ADGM

UAE – Mubasher: Capital Group, one of the world’s largest active investment managers, plans to establish an office in the UAE’s Abu Dhabi Global Market (ADGM), marking its first within the Middle East region.

The Abu Dhabi office is expected to be inaugurated later this year, subject to regulatory approvals, according to a press release.

It will mark the group’s 35th office worldwide, supporting its long-term strategy to accelerate growth globally. This reflects the company’s trust in the UAE and Abu Dhabi as a rapidly evolving and strong financial ecosystem, supported by the Abu Dhabi Investment Office (ADIO). 

Ahmed Jasim Al Zaabi, Chairman of ADGM, said: “With a robust legal framework and access to deep, long-term capital, ADGM is built to support global firms operating at scale. Capital Group’s presence further strengthens Abu Dhabi’s role as a bridge between international capital and regional opportunity and as a place where enduring partnerships are formed with confidence.” 

Mike Gitlin, President and CEO of Capital Group, commented: “Establishing a presence in Abu Dhabi demonstrates our commitment to being closer to our business partners across the Middle East as well as our intent to explore further investments in this dynamic region.”  

Source: Mubasher Source: {{details.article.source}}