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Abu Dhabi, UAEMay 9, 2026 /PRNewswire/ — Abu Dhabi Global Market (ADGM) today announced that Man Group plc, a London-listed alternative investment firm with approximately $228.7 billion in total assets under management, is fulfilling its commitment to establish an office in Abu Dhabi and has submitted an application for a Class 3A license.
This development reflects the company’s ongoing expansion in the Middle East, as it seeks to establish a strategic hub in the emirate, subject to regulatory approval. The planned presence is expected to be established in the coming period, further strengthening Man Group’s engagement with regional investors and its global operational footprint.
This announcement comes amid ADGM’s continued growth momentum, as it continues to attract leading global asset managers and alternative investment firms. In recent months, international institutions such as Bain Capital, Barings, and Hillhouse Investment have set up offices in Abu Dhabi, reinforcing the emirate’s growing importance in global capital flows.
H.E. Ahmed Jasim Al Zaabi, Chairman of ADGM, said: “Man Group’s decision to establish an office in Abu Dhabi reflects the strength of our capital markets and global investors’ confidence in the UAE capital. As Abu Dhabi continues to elevate its status as the ‘Capital of Capital,’ ADGM remains focused on enabling leading international institutions to grow from Abu Dhabi through a trusted regulatory environment, world-class infrastructure, and access to long-term capital. We look forward to welcoming Man Group as it expands its presence in the region from ADGM.”
Robyn Grew, CEO of Man Group, said: “Man Group has long viewed Abu Dhabi as one of the world’s most dynamic financial centers, and submitting our Class 3A license application is a significant milestone in our commitment to the region. Our ties with Abu Dhabi run deep, from our initial involvement in ADGM’s expert advisory group over a decade ago to our decades-long strong partnerships with established local allocators in investment, research, and knowledge sharing. We look forward to establishing a hub spanning distribution, investment, and trading.”
Man Group’s establishment further solidifies Abu Dhabi’s position as a leading international financial center for asset management and investment firms. ADGM continues to demonstrate strong growth, with assets under management increasing by 36% in 2025 and over 12,000 active licenses, underscoring global investors’ sustained confidence in its ecosystem.
As ADGM expands its ecosystem in hedge funds, private capital, and quantitative strategies, it continues to strengthen Abu Dhabi’s role as the ‘Capital of Capital’ and a key gateway connecting global capital flows across Asia, Europe, and the Middle East.