# Abu Dhabi Growth Fund

Abu Dhabi Growth Fund is a Sovereign Wealth Fund based in Abu Dhabi, United Arab Emirates.

## Overview

- **Organization type:** Sovereign Wealth Fund
- **Headquarters:** Abu Dhabi, United Arab Emirates
- **Region:** Middle East
- **Address:** Abu Dhabi, United Arab Emirates
- **Founded:** 2021
- **Assets under management:** $5B (Altss estimate)
- **Website:** adgfund.com
- **LinkedIn:** https://www.linkedin.com/company/abu-dhabi-growth-fund

## Regulatory record

- **Reports private funds:** No

## About

Abu Dhabi Growth Fund is a sovereign investment fund established by the Abu Dhabi Government to pursue a differentiated reinvestment strategy. The fund has made six investments, including a Series A investment in Orbital Therapeutics on April 26, 2023. Abu Dhabi Growth Fund has three portfolio exits, with Orbital Therapeutics being its most recent exit on October 10, 2025.

## Sectors

- Venture Capital
- Private Credit

## People

- Sheikh Tahnoun bin Zayed Al Nahyan — Chairman
- Khalifa Sultan Al Suwaidi — Chief Executive Officer

## Questions

### Who runs investment decisions at 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.

### How does ADG relate to other Abu Dhabi sovereign funds like Mubadala and ADIA?

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.

### Does ADG invest directly or through external managers?

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.

### Which geographies does ADG target?

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.

### Where does ADG's capital come from?

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.

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- [University of Cambridge Investment Management](https://altss.com/profile/university-of-cambridge-investment-management-limited)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/abu-dhabi-growth-fund

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