Abu Dhabi Growth Fund

Khalifa Sultan Al Suwaidi serves as CEO, overseeing the fund's investment activities. Chairman Sheikh Tahnoun bin Zayed Al Nahyan, who also chairs G42 and International Holding Company, provides strategic direction. The fund operates under ADQ, where Mohamed Hassan Alsuwaidi serves as chairman.

ADG is a newer, more targeted vehicle established in 2021 as a subsidiary of ADQ, distinct from the older and larger Mubadala and ADIA. While Mubadala and ADIA manage hundreds of billions across broad asset classes, ADG was specifically capitalized to focus on late-stage venture and growth equity, operating as a strategic co-investor rather than a traditional sovereign allocator.

In 2023, ADG contributed assets to the formation of Lunate, a multi-asset class investment manager created in partnership with International Holding Company. This arrangement positions ADG potentially as a capital provider within the structure, while Lunate handles day-to-day asset management across venture, private credit, and other strategies.

ADG operates primarily through direct investments and strategic co-investment partnerships. Its relationship with General Atlantic involves multi-asset class co-investment exposure, and it partners with G42 to manage the G42 Expansion Fund. The fund's partnership with Indonesia's INA similarly emphasizes bilateral co-investment rather than passive fund commitments.

ADG's known partnerships point to a global mandate with emphasis on Southeast Asia and North America. The partnership with Indonesia Investment Authority signals a focus on Southeast Asian technology and infrastructure opportunities, while the General Atlantic relationship provides exposure to North American and global growth-stage companies.

ADG is capitalized by ADQ, the Abu Dhabi Developmental Holding Company, which manages a broad portfolio of government assets. The underlying wealth originates from Abu Dhabi's hydrocarbon revenues, channeled through the emirate's sovereign investment infrastructure into a dedicated technology-growth vehicle.

ADG itself does not appear to operate a standalone philanthropic program. Its parent entity, ADQ, maintains ADQ Cares as its corporate social responsibility vehicle. The fund's governance and philanthropic alignment flows through the broader ADQ framework.