Investindustrial, a European investment group managing over €15 billion in assets, has established its Middle Eastern headquarters in the Abu Dhabi Global Market (ADGM) after receiving In-Principle Approval from the Financial Services Regulatory Authority. This move aims to support the global expansion of its portfolio companies and contribute to economic development in the UAE and the broader Middle East.
The Abu Dhabi office, located in ADGM Square, serves as a strategic link between Investindustrial’s European and Asian operations. Andrea C. Bonomi, Chairman of Investindustrial, stated, “The Middle East holds strategic importance for Investindustrial. Opening an office in Abu Dhabi enables us to be closer to our partners and explore potential investment opportunities for our platform companies.”
ADGM has experienced significant growth, with company registrations increasing by 31% in the first half of 2024, attracting firms like PGIM and Nuveen to establish offices in the financial centre.
Investindustrial’s portfolio includes companies such as Italian luxury fashion brand Ermenegildo Zegna, culinary marketplace Eataly and high-end design group Flos and B&B Italia, all of which have a presence in the Middle East. Following the Abu Dhabi office opening, Emanuela Cisini, Partner and Co-Head of Operational Improvement, has relocated to lead the firm’s regional initiatives, supported by a team of eight professionals.
The firm specialises in acquiring majority or control positions in mid-market companies in Southern Europe, focusing on long-term partnerships and unlocking growth potential in family-owned businesses. The Abu Dhabi office marks Investindustrial’s eighth international location, reinforcing its commitment to the Middle Eastern market.
Arvind Ramamurthy, Chief of Market Development at ADGM, commented, “We are delighted to welcome Investindustrial to ADGM. Their presence underscores the strategic value our financial center offers as a gateway to the wider region.”
Investindustrial’s expansion into Abu Dhabi aligns with the UAE’s efforts to attract global financial institutions, contributing to the diversification and growth of the nation’s economy.
