Abu Dhabi Developmental Holding Company

Abu Dhabi Developmental Holding Company (ADQ)

شركة أبوظبي التنموية القابضة ش.م.ع
Company typePrivate Joint Stock Company (Government owned)
IndustryDiversified investments
Founded2018 (2018)
Headquarters,
Key people
AUMAED 732 billion (US$157 billion) (2022)[1]
OwnerGovernment of Abu Dhabi
Number of employees
77,000
Subsidiaries
Websitewww.adq.ae

The Abu Dhabi Developmental Holding Company PJSC, branded ADQ since 2020, is a significant sovereign wealth fund based in Abu Dhabi. It was established in 2018 as a comparatively low-profile state-owned entity, acronymized ADDH at the time. Since rebranding in 2020, it has emerged as a major global investor.[2] In 2023, it was among the world's top 10 sovereign funds by volume of investments.[3]

  1. ^ "Abu Dhabi's ADQ manages $157 bln in assets, Global SWF estimates". Reuters.
  2. ^ "ADQ (UAE - Abu Dhabi)". GlobalSWF.com.
  3. ^ Anne-Sylvaine Chassany (5 January 2024). "Saudi Arabia's fund has a gargantuan appetite for deals". Financial Times.