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Invest AD
Invest AD was established in 2007 as the international investment arm of Abu Dhabi's government, initially tasked with deploying capital abroad.
Invest AD
Invest AD was established in 2007 as the international investment arm of Abu Dhabi's government, initially tasked with deploying capital abroad. The firm is now wholly owned by Mubadala Investment Company, the $280 billion strategic investment fund that anchors Abu Dhabi's economic diversification. CEO Faras Al Ramahi leads a platform that has evolved from a passive portfolio of external mandates into a direct-investing operator with a distinctive emerging-and-frontier-markets footprint. The firm allocates across private equity, real estate, infrastructure, and private credit. It structures its activity through direct buyouts, co-investments alongside global managers, and fund-of-fund commitments. Its most prominent partnership is with Blackstone on the Invest AD Blackstone Private Debt Fund, bringing institutional-scale private credit to regional investors. Real estate exposure includes a portfolio of ADGM-based commercial assets in Abu Dhabi, the Sofia Shopping Centre in Bulgaria, and a joint venture with Brookfield Asset Management for UAE real estate investment products and REITs. In infrastructure, Invest AD jointly owns Airport International Group in Amman, Jordan, and partners with the Oman Investment Authority on UzOman and ADUI, two cross-border vehicles targeting Uzbekistan. Invest AD operates with a governance structure unusual for a captive asset manager: its board members serve on the Middle East Investor Relations Association board, and its leadership chairs the Middle East Investment Management Association. The firm maintains a modest philanthropic presence through support for the Abu Dhabi Autism Centre. In recent years, Invest AD has deepened its emerging-markets infrastructure and private credit co-investment model alongside sovereign peers and large alternatives managers. The firm occupies a hybrid space — technically an asset manager but functionally a state-linked direct-investment platform with co-underwriting privileges alongside the world's largest alternatives firms. Its deal flow is shaped by sovereign relationships rather than a blind-pool fundraising cycle.
General information
Firm type
Generalist
Year founded
2007
AUM
Undisclosed
Location
Region
Middle East
Country
United Arab Emirates
City
Abu Dhabi
Corporate office
Abu Dhabi, United Arab Emirates
Principals
Faras Al Ramahi
Chief Executive Officer
Sector focus
Frequently asked questions
Who owns Invest AD and how does that shape its investment mandate?
Invest AD is a wholly owned subsidiary of Mubadala Investment Company, Abu Dhabi's $280 billion strategic sovereign investor. This ownership structure means Invest AD operates with permanent capital and a mandate aligned with Abu Dhabi's long-term economic diversification goals, rather than as a third-party asset gatherer. Its deal sourcing often involves co-investments alongside other sovereign funds and large alternatives managers.
How does Invest AD's partnership with Blackstone work?
Invest AD and Blackstone jointly operate the Invest AD Blackstone Private Debt Fund, which provides regional investors access to Blackstone's institutional private credit strategies. The structure allows Invest AD to offer an asset class that would otherwise be difficult for Middle Eastern allocators to access directly, while Blackstone gains a regulated onshore distribution and co-investment partner in Abu Dhabi.
What is Invest AD's exposure to Jordan?
Invest AD is a shareholder in Airport International Group, the consortium that operates Queen Alia International Airport in Amman under a build-operate-transfer concession. The position reflects the firm's appetite for long-dated, hard-currency infrastructure cash flows in markets where sovereign relationships can improve origination and risk management.
Does Invest AD raise capital from third parties or only Mubadala?
Invest AD manages capital for Mubadala but also structures products for third-party regional institutional investors. The Blackstone private credit fund and the UAE real estate joint venture with Brookfield are examples of vehicles designed to attract external limited partners, giving the firm a dual role as both a proprietary and third-party manager.
What is Invest AD's relationship with the Oman Investment Authority?
Invest AD and the Oman Investment Authority are co-investors in UzOman and ADUI, two investment vehicles targeting Uzbekistan. The partnership combines Abu Dhabi's access to deal flow and structuring expertise with Oman's bilateral relationships in Central Asia, a region where both sovereign funds see long-term infrastructure and demographic tailwinds.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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