Abu Dhabi Investment Authority

The Abu Dhabi Investment Authority (ADIA) stands as one of the world's largest and most influential sovereign wealth funds, established in 1976. Its primary mandate is to invest funds on behalf of the Government of Abu Dhabi, aiming to diversify the emirate's economy and secure long-term prosperity for future generations. With estimated assets under management exceeding $800 billion, ADIA operates with a long-term investment horizon, often spanning decades, which allows it to ride out market fluctuations and pursue strategic, patient capital deployment across global markets.

ADIA's investment strategy is highly diversified, encompassing a vast array of asset classes globally. These include public equities, fixed income, real estate, infrastructure, private equity, and alternative investments. While ADIA is not a typical early-stage venture capital firm, its private equity department is a significant global player. This department primarily invests in private equity funds and engages in direct co-investments alongside its fund managers. These direct investments typically target established, growth-stage, or mature companies, rather than seed or Series A startups.

The scale of ADIA's investments is substantial, reflecting its immense capital base. For instance, its target allocation range for private equity is between 5% and 10% of its total portfolio, translating into tens of billions of dollars dedicated to this asset class. Direct investments and co-investments often involve significant capital commitments, typically ranging from tens of millions to hundreds of millions, and sometimes even billions of dollars for major stakes in large-scale projects or companies. ADIA seeks to partner with leading fund managers and companies that demonstrate strong growth potential and align with its long-term, diversified investment objectives across various sectors and geographies.