Investor profile

ADQ was born in 2018 as Abu Dhabi Developmental Holding Company PJSC (ADDH), as a low-profile local SOE. However, in 2020, the company was rebranded to ADQ and kept receiving significant stakes in high-profile assets from the Government, and started to invest overseas, including Lulu Hypermarket’s expansion in Egypt and 45% of Dutch agricultural merchant Louis Dreyfus. Chaired by Sheikh Tahnoun, the fund is poised to create a third wheel and some interesting dynamics with ADIA and Mubadala.