
Hareb Al Mheiri
Abu Dhabi highlights 'Capital of Capital' vision in Paris
ABU DHABI, September 18, 2023
Abu Dhabi's leading entities are reaffirming the UAE capital's prominence as they joined a distinguished delegation at the IPEM Paris 2023.
This premier private capital industry gathering taking place from September 18 to 20 at the Westin Vendôme and Jardin des Tuileries in Paris, is seeing Abu Dhabi’s delegation projecting its 'Capital of Capital' Vision to European private equity and asset management community.
Abu Dhabi Department of Economic Development (ADDED), Abu Dhabi Global Market (ADGM), Abu Dhabi Investment Office (ADIO), Abu Dhabi Residents Office (ADRO), Abu Dhabi IPO Fund (ADIPOF), Abu Dhabi Securities Exchange (ADX) and First Abu Dhabi Bank (FAB) are making their mark at IPEM Paris 2023, united by a shared pursuit of excellence.
Wealth of opportunities
This collective ensemble embodies the vanguard of Abu Dhabi's financial landscape, converging to unveil the vision of the emirate as the unrivalled 'Capital of Capital'. Their mission is introducing the wealth of opportunities Abu Dhabi offers and showcase its dynamic investment environment to the European Private Markets.
As the tide of valuations recedes, the next few years will test the conviction of even the most experienced investors. With higher rates, the delegation will delve into discussions regarding how General Partners (GPs) plan to update their investment and value-creation strategies while also looking at how Limited Partners (LPs) reassess their allocations – and which segments and asset classes stand to benefit from these shifts.
With the overarching theme "Destined to Outperform", IPEM Paris 2023 returned to the French capital, embarking on a comprehensive exploration of the enduring claim of the private capital sector.
The event is scrutinising the industry’s longstanding assertion that private markets possess a unique capacity to outshine other asset classes. The distinguished gathering is bringing together thought leaders and forward-thinkers from the realms of private equity, venture capital, hedge funds, and the wider financial arena.
Robust platform
Following its notable participation in last year's 8th edition of IPEM in Cannes, ADGM is set to further assert its prominence on the international stage. Recognised as one of the leading and largest private capital marketplace gatherings, IPEM presents a robust and reputable platform for ADGM to showcase Abu Dhabi's world-class ecosystem and progressive framework to key industry stakeholders.
The delegation's overall participation underscores Abu Dhabi's commitment to fostering collaboration and innovation within the private capital sphere. The Editor of Abu Dhabi Finance Week at ADGM, will be chairing a session on behalf of ADGM at this year’s IPEM.
Hareb Al Mheiri, Executive Director of ADRO, said: “'Abu Dhabi stands as one of the top destinations for investors and long-term residents and we are steadfast in our commitment to continue attracting global key industry players in the financial sector to the Capital of Capital. This prestigious event is providing a solid and credible platform to showcase Abu Dhabi’s world-class ecosystem and attractive framework to international top talent, investors, and entrepreneurs in order to set-up their businesses in the emirate and consider Abu Dhabi as a preferred destination for them and their families to live and grow.”
Destination of choice
Badr Al-Olama, Acting Director General of ADIO said: “Abu Dhabi’s unprecedented transformation over half a century has created one of the region’s strongest, most diversified and sustainable economies. The emirate continues to be a destination of choice for innovative global players due to its progressive investment environment, enabling regulations, economic resilience, access to talent, liveability, cutting-edge infrastructure and connectivity.”
Arvind Ramamurthy, Chief of Market Development at ADGM, said: "ADGM is highlighting the strategic advantages that Abu Dhabi offers to global investors and industry participants. This platform serves as a unique avenue to engage with global thought leaders and decision-makers, exploring the trajectory of private markets in an ever-evolving financial landscape. With ADGM’s steadfast commitment to innovation, regulatory excellence, and fostering sustainable growth, we look forward to contributing meaningfully to discussions that shape the future and foster an environment that is truly destined to outperform."-- TradeArabia News Service