Abu Dhabi Financial Group
 ADFG logo | |
| Industry | Financial Services |
|---|---|
| Founded | 2011 |
| Headquarters | Abu Dhabi, United Arab Emirates |
Key people | Jassim Alseddiqi, CEO |
| Services | Alternative Investments, Asset Management, Securities Trading and Real Estate development |
| AUM | US$3.5 billion |
| Subsidiaries | Northacre, Integrated Securities LLC, Integrated Alternative Finance, Integrated Capital PJSC |
| Website |
www |
Abu Dhabi Financial Group (ADFG) is a multi-billion dollar Emirati investment company, headquartered in Abu Dhabi.
History
Founded in 2011, the ADFG is headquartered in Abu Dhabi, with offices in Dubai, Eastern Europe, and London.[1][2] Over the last five years, the company has evolved and expanded into an integrated financial services platform under the umbrella of ADFG, branching out into real estate investments and debt structuring and management.[3]
Subsidiaries
ADFG owns 68.84% of Northacre, a developer of luxury apartments in London, via Spadille Limited, a registered investment vehicle in the tax haven of Jersey.[4] ADFG bought New Scotland Yard, the former Metropolitan Police headquarters, for £370 million in December 2014, and Northacre has submitted plans to demolish the 1960s block in Victoria and build luxury apartments, whilst retaining the familiar rotating sign.[5][6]
In November 2015, the CEO, Jassim Alseddiqi, stated that there would be "major shopping" and that 2016 would be an "important year" for ADFG.[2]
References
- ↑ "About ADFG". ADFG. Retrieved 26 November 2015.
- 1 2 Diaa, Sarah (10 November 2015). "ADFG eyes growth, potential acquisitions in 2016". Gulf News. Retrieved 26 November 2015.
- ↑ Halligan, Neil (3 October 2014). "ADFG eyes growth, potential acquisitions in 2016". Arabian Business. Retrieved 5 March 2016.
- ↑ "Spadille Limited". ADFG. Retrieved 26 November 2015.
- ↑ Fahy, Michael (25 November 2015). "Decision on plans to transform New Scotland Yard due early next year". The National. Retrieved 26 November 2015.
- ↑ Davies, Rob (26 November 2015). "Wealthy buyer snaps up unfinished flat next to Buckingham Palace for £20m". The Guardian. Retrieved 26 November 2015.