ADIO, ARTE Capital partner to foster investment in Abu Dhabi

ADIO, ARTE Capital partner to foster investment in Abu Dhabi

The Abu Dhabi Investment Office (ADIO) today announced a collaboration with Hong Kong-based ARTE Capital, one of Asia’s leading asset managers, to set up its regional headquarters in Abu Dhabi and launch a US$1 billion fund for Chinese companies expanding to the Middle East. Announced during the flagship Abu Dhabi Finance Week 2023, the move underscores Abu Dhabi’s position as a leading global financial hub and opens a new avenue for Chinese companies to establish operations in the UAE capital and wider region.

ARTE Capital Middle East will be based at Abu Dhabi Global Market (ADGM) and is regulated by the Financial Services Regulatory Authority (FSRA) to manage assets and investment funds, arrange deals and credit, and provide advisory services. The company plans to raise a US$1 billion ARTE China-Arab Strategic Fund for investment in Chinese companies planning to expand to the Middle East. This fund will be managed by ARTE Capital in ADGM and backed by ARTE Capital Group’s investors.

ADIO will be providing a range of growth-enabling support to ARTE Capital Middle East and will help to facilitate the Abu Dhabi expansion of companies through the ARTE China-Arab Strategic Fund. The Fund launches at a time of expanding