In a brief span of eight years, Jassim Alseddiqi has established the Abu Dhabi Financial Group (ADFG) to become one of the largest private institutional investment houses in the Gulf region, with circa $20bn in assets under management.
ADFG looks to invest in companies that have the potential to generate higher returns with a target investment size of between $50m and $300m. ADFG’s investment strategy is both sector and geography agnostic, and has investments across different platforms including debt, private equity, public markets, real estate and technology.
ADFG’s strategic investments in SHUAA and GFH have yielded strong turnarounds, proving to be instrumental in SHUAA’s re-emergence as a main player in the region’s financial sector in 2017, recording its most profitable year since 2007.
Through its strategic investments, ADFG has consistently delivered attractive returns and value for its investors and partners. In 2015, ADFG launched the first secondary private equity fund in the region, the Goldilocks fund which follows a constructive activism investment approach and has managed to significantly outperform global and regional indices with a total return of 230%.
Besides being the Chairman of SHUAA Capital, GFH, Al Khaleeji Bank and Eshraq Properties, Alseddiqi is also a Board Member at First Abu Dhabi Bank (FAB), Tourism & Development Investment Company (TDIC), Abu Dhabi Capital Group, and Imkan.
Prior to his shift in the field of investment, Alseddiqi was a noted lecturer at the Abu Dhabi-based Petroleum Institute. Alseddiqi holds a BSc in Electrical Engineering from Cornell University in the US.