# Abu Dhabi Pension Fund

Abu Dhabi Pension Fund is a Pension Fund based in Abu Dhabi, United Arab Emirates.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Abu Dhabi, United Arab Emirates
- **Region:** Middle East
- **Address:** Abu Dhabi, United Arab Emirates
- **Founded:** 2000
- **Assets under management:** $28 billion (Altss estimate)
- **Website:** pension.gov.ae
- **LinkedIn:** https://ae.linkedin.com/company/adpf-ae

## Regulatory record

- **Reports private funds:** No

## About

Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF) was founded in 2000 in Abu Dhabi. ADRPBF provides retirement benefit services for government, semi-government, and private sectors. The Government of Abu Dhabi is the sole shareholder in ADRPBF.

## Sectors

- Real Estate
- Infrastructure
- Energy Transition & Renewables

## People

- H.E. Jassim Buatabh Al Zaabi — Chairman of the Board of Directors
- Khalaf Abdulla Rahma Al Hammadi — Director General / CEO
- Frank Su — Global Head of Private Equity

## Questions

### How does ADRPBF source its major investment deals?

The fund sources primarily through its relationship with the Government of Abu Dhabi and its state-controlled enterprises. Large co-investments in real estate and energy infrastructure are originated alongside strategic partners like ADNOC and ADQ, often acting as a local anchor for asset packages that are opened to global co-investors such as Apollo Global Management.

### Is ADRPBF structured more like a sovereign wealth fund or a traditional pension fund?

It is a dedicated pension fund for the emirate of Abu Dhabi, not a sovereign wealth fund. Its mandate is tied to the retirement obligations of government and semi-government employees, which governs its focus on long-duration income-generating assets rather than the broader return-seeking strategies of entities like ADIA or Mubadala.

### What is ADRPBF's relationship with ADNOC?

ADNOC is both a primary co-investment partner and source of deal flow. The fund participates directly in monetization structures for ADNOC's non-core real estate and pipeline infrastructure — for example, the $5.5 billion real estate portfolio held through ADEREC and ADPLHC, and stakes in the ADNOC Oil and Gas pipeline networks.

### Who runs investment decisions at ADRPBF?

Overall governance sits with the Board chaired by H.E. Jassim Buatabh Al Zaabi. Khalaf Abdulla Rahma Al Hammadi is Director General / CEO. Direct private equity investment activity is led by Frank Su, the Global Head of Private Equity, who joined from CPP Investments to build out the fund's direct-investment capabilities.

### What investment stages does ADRPBF typically target?

The fund targets large-scale, mature asset acquisitions and co-investments rather than venture or growth-stage positions. Deals are structured as buyout-style direct investments in infrastructure and real estate portfolios that generate stable, long-term cash flows suitable for matching pension liabilities.

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- [Industria de Diseño Textil](https://altss.com/profile/industria-de-diseno-textil)
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Last updated: 2026-07-08T23:47:52.804Z

Canonical page: https://altss.com/profile/abu-dhabi-retirement-pensions-and-benefits-fund

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