Abu Dhabi has launched a new sovereign wealth fund: L’IMAD Holding Company. L’IMAD will absorb ADQ’s holdings to become Abu Dhabi’s third major investment institution, joining the ranks of ADIA and Mubadala. Chaired by HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, L’IMAD’s broad mandate aims to drive economic diversification and sustainable growth for the Emirate.

The unified investment powerhouse will oversee 25 investment companies and more than 250 subsidiaries, including major assets such as TAQA, Etihad Airways, McLaren and Abu Dhabi Ports. L’IMAD will also acquire ADQ’s high-profile US investments, such as the $25 billion joint venture with Energy Capital Partners to develop US energy infrastructure and the $1.2 billion mining partnership with US-based Orion Resource Partners.

Why This Matters

With the launch of L’IMAD and the consolidation of ADQ, Abu Dhabi is expanding its capacity for international investment, including in the US. L’IMAD will play a key role alongside ADIA and Mubadala in advancing the UAE’s $1.4 trillion, 10-year investment commitment to the US. Its diversified strategy, spanning infrastructure, real estate, financial services, advanced industries and more, creates new opportunities for collaboration that drives economic growth and job creation with leading US companies.