Abu Dhabi Catalyst Partners announces a recent anchor investment in Olive Rock Partners, an independent private equity firm based in Abu Dhabi Global Market (ADGM).
Abu Dhabi Catalyst Partners (ADCP), a joint venture between Mubadala Investment Company and Falcon Edge Capital, was established in April 2019. Abu Dhabi Catalyst Partners seeks to partner with top-tier investment firms and industry leading businesses that benefit from developing a meaningful presence in ADGM.
Olive Rock Partners is an independent private equity firm recently established in ADGM by a team with extensive private equity experience in the Middle East. Olive Rock Partners is focused on control growth private equity in the Gulf Cooperation Council (GCC). Their focus is to capitalize on the attractive opportunities arising from the region’s “developed market economics and emerging nation’s demographics.”
Commenting on the partnership with Olive Rock Partners, James Munce, COO of Abu Dhabi Catalyst Partners, said: “Abu Dhabi Catalyst Partners is excited to be collaborating with Olive Rock Partners to grow their business in the ADGM. Olive Rock Partners is an experienced regionally focused investment manager, adding its depth of expertise to the ADGM ecosystem. We are confident that Olive Rock Partner’s presence in the ADGM will support the growth of the alternative asset management industry in the region.”
Muhannad Qubbaj, Founding Partner at Olive Rock Partners, commented: “The Olive Rock Partners team is excited to be endorsed and supported by Abu Dhabi Catalyst Partners as we establish and develop our private equity platform and strategy in and from this world-class financial market.”
Abdullah Shahin, Founding Partner at Olive Rock Partners, also stated: “The region’s potential is increasingly attractive, validated by its attractive consumer profiles and advantageous geographical location.”
Abu Dhabi Catalyst Partners was launched in April 2019 as a US$1 billion fund to partner with top-tier investment firms and industry-leading businesses to realize commercial returns while building a sustainable business presence at ADGM. Abu Dhabi Catalyst Partners is a joint venture between Mubadala Investment Company and Falcon Edge Capital, a New York-based investment company.
Olive Rock Partners is an independent private equity firm based in the rapidly growing financial hub of Abu Dhabi Global Market. Olive Rock Partners will focus on strategically and tactically capitalizing on the evolving investment landscape in the Gulf Cooperation Council countries primarily.