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Abu Dhabi delegation reinforces emirate's investment proposition at IPEM 2022 in Cannes

September 27, 2022
finance & economy

ABU DHABI, 26th September, 2022 (WAM) -- An official delegation from Abu Dhabi attended the International Private Equity Market (IPEM) 2022, in Cannes, France between 20th and 22nd September 2022.

Leading entities from Abu Dhabi were part of the delegation, including Abu Dhabi Global Market (ADGM), Abu Dhabi Investment Office (ADIO), Mubadala and Abu Dhabi Pension Fund.

Being one of the top and largest private capital marketplace gatherings, IPEM represented a solid and credible platform to showcase Abu Dhabi’s world-class ecosystem and attractive framework to key industry players in the Private Equity, Venture Capital, Hedge Fund and other financial sectors.

On the first day of the IPEM functions, the Abu Dhabi delegation organised a workshop to strengthen Abu Dhabi’s position as an investment hub, highlighting the limitless opportunities present in the UAE’s capital emirate for global businesses. The workshop elaborated on various existing and upcoming investment opportunities for established global businesses, SMEs and start-ups, especially within ADGM’s financial ecosystem through interesting sessions and panel discussions. It was attended by asset managers, advisors, and investment bankers, among others.

On this occasion, Arvind Ramamurthy, Chief of Markets at ADGM, said, 'We are pleased to be a part of IPEM, the largest European private capital conference and proud to represent Abu Dhabi on this international platform. Abu Dhabi’s advanced infrastructure and safe investment environment make it an attractive destination for businesses looking to establish in a new market.'

Talking about ADGM, he said, 'ADGM has built one of the most comprehensive, robust and vibrant financial ecosystems that stands out with its progressive regulatory framework and ever-growing community of global entrepreneurs, venture capitalists, investors and accelerators. ADGM has been the preferred business and investment destination for thousands of brands and global companies and will continue to grow exponentially because of its strategic advantage as a global investment hub and cutting-edge financial ecosystem.

Abdulla Abdul Aziz AlShamsi, Acting Director-General of ADIO, said, 'Abu Dhabi has emerged as a top business destination for companies from around the world. We are home to a large and thriving community of businesses benefiting from the emirate’s enabling regulations, established infrastructure and unmatched support as they pursue growth opportunities from the emirate. As the government entity supporting private sector investment in Abu Dhabi, ADIO and the wider ecosystem are committed to providing incoming businesses and investors with 360-degree support and connecting them to relevant opportunities to supercharge their growth.'

IPEM 2022 witnessed 4000+ delegates from 50 countries and 1,700 different companies from across the globe including 600 Limited Partners (LPs), 550 General Partners (GPs) and over 400 advisors and business services.

wam

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