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3/4/25, 11:27 AM ADGM’s AUM Jumps 245% in 2024, Entity Count Up 32% as Expansion Accelerates - Fintechnews Middle East
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Sustainable Finance Initiatives

ADGM continued its focus on sustainable finance, publishing a discussion paper on
regulatory expectations for ESG-labelled investment vehicles.
New asset managers with sustainable mandates included BlackRock, TPG, Nuveen,
and PGIM.
The FSRA granted a Green Fund designation to Vortex Energy IV, a USD 1.8 billion
AUM firm focused on energy transition investments.

ADGM also welcomed 44 new signatories to the Abu Dhabi Sustainable Finance
Declaration, bringing the total to 160.

Growing Presence of Family Offices

In 2024, more family offices and high-net-worth individuals established operations
in ADGM. Notable names included Leon Black’s Elysium Management, as well as
family offices led by Asif Aziz, Wafic Said, and Kishin RK.

Global Outreach and Academic Initiatives

ADGM strengthened international ties through roadshows in key financial centres,
including New York, London, Paris, Hong Kong, and Singapore.
Over 300 bilateral discussions were held with investors and financial institutions.
ADGM Academy expanded its educational offerings, training over 2,000 UAE
Nationals for financial and fintech roles.
It also published 11 research reports on AI, fintech, and digital transformation while
securing partnerships with institutions such as MIT and the Federal Tax Authority.

Featured image credit: edited from freepik

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