ADFG wins UAE Asset Manager of the Year at MENA Fund Manager Performance Awards 2016
Abu Dhabi Financial Group ("ADFG"), the multi-billion buck alternate investment firm, has actually been acknowledged at the MENA Fund Manager Awards 2016 winning the accolade for UAE Asset Manager of the Year. The group, stood for by ADFG's Chief Operating Officer, Mustafa Kheriba, received the honour at an event held at the Ritz Carlton DIFC, Dubai, before popular numbers from the Middle East's economic area.
On approving the honor, Mustafa Kheriba, Chief Operating Officer of Abu Dhabi Financial Group, expressioned: "It is an honour to get the give for UAE Asset Manager of the Year in support of the whole group at ADFG. Over the in 2013, ADFG has actually effectively adjusted to creating financial conditions through its technique of seeking opportunistic financial investments across a selection of markets and also locations. This has actually been highlighted by essential milestones for the firm, such as opening Montenegro's largest mixed-use real estate development, The Capital Plaza, and also the launch of our brokerage channel, Integrated Securities.".
"In 2016, ADFG will continuously build on its track record as a leading alternate investment company within the MENA region and worldwide. Evolving our financial investment approach is crucial to ensure we continuously provide solid go back to our investors, nonetheless, our dexterity, solid pipeline of tasks and also unique bargain sourcing capability within our vital markets, suggests that the leads for 2016 are very appealing.".
Since it was founded in 2011, ADFG has demonstrated fast growth based on its excellent efficiency, with Assets Under Management (AUM) today reaching $3.5 bn. Regardless of its worldwide development, the central tenets which set apart ADFG from the peer group remain to be its rate of implementation, its ability to resource top quality bargains and also a constant capacity to create value as well as deliver returns to financiers.
The MENA Fund Manager Performance Awards are presented to firms based upon total performance, together with a large range of qualitative as well as architectural benchmarks. The honours are determined by an evaluating panel representing a cross-section of the sector's leading institutional and exclusive financiers, as well as market experts. The 7th edition of the Awards represented the single largest gathering of regionally-based fund supervisors in the market calendar.
ADFG has a performance history of success at the MENA Fund Manager Performance Awards, winning for Outstanding Performance & Innovation in 2014 and 2015, complying with consecutive years of landmark worldwide offers as well as exceptional efficiency, and for Private Equity Fund of the Year in 2013.
