• ADQ and Qazaqstan Investment Corporation (QIC) have formed a strategic collaboration to establish a co-investment platform, focusing on key sectors like food, agriculture, mobility, healthcare, energy transformation, and clean technology.
• This regional focus aligns with the commitment of ADQ and QIC to contribute equally, both financially and operationally, to each investment.
• This initiative aims to share the diverse expertise encapsulated in ADQ’s impressive $200 billion portfolio, notably boosted by the performance of Abu Dhabi National Energy Co.
Abu Dhabi’s strategic investment powerhouse, ADQ, and Qazaqstan Investment Corporation (QIC) have collaborated to establish a co-investment platform with a strategic focus on sectors such as food, agriculture, mobility, healthcare, energy transformation, and clean technology, according to media reports.
QIC, a private equity fund with a total capitalization of USD 2.5 billion, is dedicated to enhancing private equity infrastructure in Kazakhstan and attracting foreign direct investments in priority sectors of the country.
This newly formed platform aims to identify and capitalize on investment opportunities not only in Kazakhstan but also in other Central Asian and Caucasus countries.
ADQ and QIC are committed to equal financial and operational contributions to each investment, as outlined in a statement from ADQ.
Mohamed Hassan Alsuwaidi, Managing Director and CEO of ADQ, expressed, “The co-investment platform underlines ADQ’s commitment to developing partnerships in key markets that complement our investment strategy, allowing other nations to benefit from the considerable, diverse expertise our portfolio encapsulates.”
ADQ’s portfolio, bolstered significantly by the performance of Abu Dhabi National Energy Co., currently stands at an impressive USD 200 billion.
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