Page 110 - KHALIFA FUND PR REPORT FEBRUARY 2025

3/4/25, 11:25 AM ADGM sees 245% growth in assets under management in 2024 | Emirates News Agency
Capital, BlackRock, General Atlantic, Ninety One, Golub Capital, APAX and AXA IM—established operations

in ADGM.
The FSRA granted Green Fund Designation to Vortex Energy IV, a US$1.8 billion AUM firm backed by Abu

Dhabi’s sovereign wealth funds and institutional investors. ADGM also welcomed 44 new signatories to the

Abu Dhabi Sustainable Finance Declaration, raising the total to 160.
An increasing number of global family offices and billionaires established operations in ADGM in 2024,

including Leon Black’s Elysium Management. Other prominent names include British businessman Asif Aziz,
philanthropist Wafic Said, and Singaporean entrepreneur Kishin RK.

ADGM strengthened its global reach through roadshows in major financial hubs, including New York,

Washington, Paris, Switzerland, Hong Kong, Shanghai, Singapore and London. These engagements resulted
in over 300 bilateral discussions with institutional investors, asset managers and financial leaders.

ADGM Academy (ADGMA) expanded in 2024, doubling its physical space and enhancing its offerings in

assessments, qualifications, consultancy and executive coaching. Over 2,000 UAE Nationals were trained
and placed in key financial and fintech roles.

The ADGMA Research Centre published 11 reports on AI, fintech, cybersecurity and digital transformation.

The academy also secured eight global accreditations and signed 25 MoUs with institutions such as MIT, WMI
and Ray Dalio, alongside UAE federal entities like GPSAA and the Federal Tax Authority.

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