Swiss Derivatives Firm Adapt IM Expands Global Footprint with New Abu Dhabi ADGM Office

Swiss derivative investment company Adapt Investment Managers (IM) is officially opening a new office at Abu Dhabi's ADGM, making it the latest international asset manager to join the financial hub. Managing $2 billion in client assets, the firm stated that this expansion into Abu Dhabi is part of a broader strategy to grow its team and enhance its global service capabilities.

This new location at the ADGM represents Adapt IM's fourth global office, joining existing hubs in Geneva, Zug, and New York. The company emphasized that its presence in the UAE capital—one of the fastest-growing financial centres in the Middle East—will improve client coverage across key regions and time zones while bringing the firm closer to its Middle Eastern institutional investors.

“We have strong conviction in the UAE’s long-term project,” stated Alexis Maubourguet, founder and chief investment officer at Adapt IM. “Establishing a presence in Abu Dhabi brings Adapt IM closer to institutional partners who share our strong focus on portfolio construction and our long-term investment horizon.”

The arrival of Adapt IM at the ADGM follows a similar move by $315 billion private credit provider Blue Owl, which established its base in Abu Dhabi in June. Despite regional uncertainties, the emirate continues to attract alternative investment managers and financial giants eager to tap into local sovereign wealth funds, family offices, and institutional partners.

To support its operations, Daniel Mullarkey has been appointed as general manager to lead the Abu Dhabi office, focusing on investment research and regional liaison. Furthermore, Adapt IM has made 11 strategic appointments since October to strengthen its research, risk capabilities, and senior portfolio management expertise in emerging markets, equities, and rates.