Abu Dhabi Global Market

Cyril Amarchand Mangaldas announces the establishment of presence in Abu Dhabi Global Market (ADGM), UAE

Retrieved on:

Wednesday, March 20, 2024

Legal, Professional Services, Ecosystem, CAM, Private law, Abu Dhabi Global Market, Al Sila Tower, Market development, Amusement park

India’s leading law firm, Cyril Amarchand Mangaldas (CAM) announced today the establishment of its presence in Abu Dhabi, United Arab Emirates (UAE).

Key Points:

India’s leading law firm, Cyril Amarchand Mangaldas (CAM) announced today the establishment of its presence in Abu Dhabi, United Arab Emirates (UAE).
Mr. Cyril Shroff, Managing Partner, CAM said, “Our establishment of presence in the UAE is a part of the Firm’s larger strategic view of global practice and the UAE as a thriving hub for global business.
The UAE and Abu Dhabi specifically is a key focus for us with immense potential and growth opportunities.
CAM Middle East will have its office premises in the ADGM at Al Sila Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, UAE.

SS&C Expands Fund Administration Business in UAE with Abu Dhabi Office Launch

Retrieved on:

Wednesday, March 27, 2024

SS&C, Growth, Abu Dhabi Global Market, Market development, Heart, FSRA, Cryptocurrency

WINDSOR, Conn., March 27, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced an expansion of its global footprint by opening a new office in Abu Dhabi, United Arab Emirates. The Financial Services Regulatory Authority (FSRA) has granted SS&C full approval to deliver fund administration services within the prestigious Abu Dhabi Global Market (ADGM).

Key Points:

The Financial Services Regulatory Authority (FSRA) has granted SS&C full approval to deliver fund administration services within the prestigious Abu Dhabi Global Market (ADGM).
The fund administration offering in ADGM completes SS&C's full range of services to alternative fund managers in the Middle East.
Katarzyna Lupa-Nowicka (Head of Private Markets Operations, Middle East) and David Forrester (Head of Hedge Operations, Middle East) will lead the new office in Abu Dhabi.
"With more than $2 trillion in assets under administration, SS&C GlobeOp is the leading alternatives fund administrator in the world.

SS&C Expands Fund Administration Business in UAE with Abu Dhabi Office Launch

Retrieved on:

Wednesday, March 27, 2024

SS&C, Growth, Abu Dhabi Global Market, Market development, Heart, FSRA, Cryptocurrency

WINDSOR, Conn., March 27th, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced an expansion of its global footprint by opening a new office in Abu Dhabi, United Arab Emirates. The Financial Services Regulatory Authority (FSRA) has granted SS&C full approval to deliver fund administration services within the prestigious Abu Dhabi Global Market (ADGM).

Key Points:

The Financial Services Regulatory Authority (FSRA) has granted SS&C full approval to deliver fund administration services within the prestigious Abu Dhabi Global Market (ADGM).
The fund administration offering in ADGM completes SS&C's full range of services to alternative fund managers in the Middle East.
Katarzyna Lupa-Nowicka (Head of Private Markets Operations, Middle East) and David Forrester (Head of Hedge Operations, Middle East) will lead the new office in Abu Dhabi.
"With more than $2 trillion in assets under administration, SS&C GlobeOp is the leading alternatives fund administrator in the world.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on:

Wednesday, March 6, 2024

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points:

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

Retrieved on:

Wednesday, March 6, 2024

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points:

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.

Fiera Capital Continues Strategic Expansion With New Office in Abu Dhabi in the United Arab Emirates

Retrieved on:

Thursday, February 29, 2024

Philosophy, OAKS, Emerging market, Frontier markets, Gulf Cooperation Council, GCC, Abu Dhabi Global Market, Heart

MONTREAL, Feb. 29, 2024 /PRNewswire/ - Fiera Capital ("Fiera Capital" or the "Company"), a leading independent asset management firm, has announced the opening of its first office in United Arab Emirates further to the implementation of its new regionalized distribution model.

Key Points:

MONTREAL, Feb. 29, 2024 /PRNewswire/ - Fiera Capital ("Fiera Capital" or the "Company"), a leading independent asset management firm, has announced the opening of its first office in United Arab Emirates further to the implementation of its new regionalized distribution model.
Based in Abu Dhabi in the heart of Abu Dhabi Global Market (ADGM), the Company's office in the Middle East adds to a growing global footprint spanning four continents.
The newly established office will be co-led by Paul Doyle and Xavier Zawisza, who will be responsible for growing Fiera Capital's established investor base.
The Company's Abu Dhabi office is its self-described "foundation" in MENA, with the expectation being to grow its presence and team in the region over time.

ALTÉRRA investment vehicle aims to mobilize US$250 billion by 2030 and be fund of choice for climate transition, CEO tells World Governments Summit

Retrieved on:

Wednesday, February 14, 2024

"ALTÉRRA's structure, scale and scope set it apart from other investment vehicles and will help it become the go-to fund for the climate transition," he added.

Key Points:

"ALTÉRRA's structure, scale and scope set it apart from other investment vehicles and will help it become the go-to fund for the climate transition," he added.
The second arm, the US$5 billion ALTÉRRA TRANSFORMATION, is designed to provide risk mitigation capital to incentivize investment flows into the Global South.
ALTÉRRA has a dedicated investment focus on four pillars that underpin the priorities of the COP28 Action Agenda: the energy transition, industrial decarbonization, sustainable living and climate technologies.
"The UAE has committed US$30 billion to ALTÉRRA, making it the world's largest private investment vehicle for climate change action, and the fund aims to mobilize US$250 billion globally by 2030," HE Ambassador Majid Al Suwaidi, COP28 Director-General and ALTÉRRA CEO, said in a panel session.

ALTÉRRA investment vehicle aims to mobilize US$250 billion by 2030 and be fund of choice for climate transition, CEO tells World Governments Summit

Retrieved on:

Wednesday, February 14, 2024

"ALTÉRRA's structure, scale and scope set it apart from other investment vehicles and will help it become the go-to fund for the climate transition," he added.

Key Points:

"ALTÉRRA's structure, scale and scope set it apart from other investment vehicles and will help it become the go-to fund for the climate transition," he added.
The second arm, the US$5 billion ALTÉRRA TRANSFORMATION, is designed to provide risk mitigation capital to incentivize investment flows into the Global South.
ALTÉRRA has a dedicated investment focus on four pillars that underpin the priorities of the COP28 Action Agenda: the energy transition, industrial decarbonization, sustainable living and climate technologies.
"The UAE has committed US$30 billion to ALTÉRRA, making it the world's largest private investment vehicle for climate change action, and the fund aims to mobilize US$250 billion globally by 2030," HE Ambassador Majid Al Suwaidi, COP28 Director-General and ALTÉRRA CEO, said in a panel session.

ACX Group Strengthens Global Presence through connecting ACX Singapore to ACX's Abu Dhabi Exchange

Retrieved on:

Tuesday, January 30, 2024

House, Global Television Network, ACX, Environment, Carbon, Abu Dhabi Global Market, Cryptocurrency

ABU DHABI, UAE and SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- ACX Group is pleased to announce the successful connection of AirCarbon Pte.

Key Points:

ABU DHABI, UAE and SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- ACX Group is pleased to announce the successful connection of AirCarbon Pte.
Ltd.'s Singapore based trading platform ("ACX SG"), with the regulated environmental instruments exchange operated by ACX Ltd and ACX Clearing Corporation Ltd ("ACX Exchange") in the Abu Dhabi Global Market ("ADGM").
This exciting enhancement represents an important step in ACX Group's strategy of connecting key global environmental instrument markets, as one consolidated liquidity pool operated under the regulated oversight of the ACX Exchange.
Mr. Thomas McMahon, co-CEO & co-Founder at ACX Group, expressed his enthusiasm about this significant milestone, stating, "By connecting ACX SG to the ACX Exchange, we are enhancing liquidity while fortifying investor protection.

ACX Group Strengthens Global Presence through connecting ACX Singapore to ACX's Abu Dhabi Exchange

Retrieved on:

Tuesday, January 30, 2024

House, Global Television Network, ACX, Environment, Carbon, Abu Dhabi Global Market, Cryptocurrency

ABU DHABI, UAE and SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- ACX Group is pleased to announce the successful connection of AirCarbon Pte.

Key Points:

ABU DHABI, UAE and SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- ACX Group is pleased to announce the successful connection of AirCarbon Pte.
Ltd.'s Singapore based trading platform ("ACX SG"), with the regulated environmental instruments exchange operated by ACX Ltd and ACX Clearing Corporation Ltd ("ACX Exchange") in the Abu Dhabi Global Market ("ADGM").
This exciting enhancement represents an important step in ACX Group's strategy of connecting key global environmental instrument markets, as one consolidated liquidity pool operated under the regulated oversight of the ACX Exchange.
Mr. Thomas McMahon, co-CEO & co-Founder at ACX Group, expressed his enthusiasm about this significant milestone, stating, "By connecting ACX SG to the ACX Exchange, we are enhancing liquidity while fortifying investor protection.