A subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest up to $1.5 billion in global investment manager GLP, backed by an initial equity commitment of $500 million, the companies announced on Thursday.
This marks the first time ADIA, previously an investor only in GLP-managed funds, will hold a direct equity position in the asset manager. The capital will support GLP’s growth across logistics real estate, digital infrastructure, and renewable energy platforms.
GLP continues to expand in data centres, driven by demand from artificial intelligence and cloud computing. Its data centre unit generated a 43% rise in annual revenue to $193 million, according to Global SWF. The firm manages around $80 billion in assets across real estate and private equity via GLP Capital Partners.
Eth investment by ADIA comes as GLP also secures $349 million from Zhejiang government-backed investors for its China data centre operations.
The injection provides GLP with fresh liquidity to scale its platforms and positions ADIA deeper within a firm that benefits from structural tailwinds across the e-commerce, digital infrastructure, and energy transition sectors.
