About ADFG

Abu Dhabi Financial Group is an alternative investment manager focused on growth and value creation across financial services, real estate and technology.

We operate through six subsidiaries: Abu Dhabi Capital Management (ADCM); Integrated Alternative Finance (IAF); Spadille Limited; and Qannas Investments Limited (QIL).

The Group’s operations encompass alternative investments, asset management, advisory and research, financing and structuring solutions, and real estate development.

The Team

Jassim Alseddiqi

Managing Director & CEO

Jassim Alseddiqi is the Managing Director and Chief Executive Officer of Abu Dhabi Financial Group.

Jassim is also the Chairman of SHUAA Capital and Eshraq Properties Co PJSC, as well as being a Board Member at First Abu Dhabi Bank, GFH Financial Group, Tourism and Development Investment Company, Qannas Investments Limited and Abu Dhabi Capital Group.

Previously, he was the CEO of Abu Dhabi Capital Group. Preceding his tenure in the investment world, he was a noted lecturer at the Abu Dhabi-based Petroleum Institute.

Jassim holds a Bachelor of Science in Electrical Engineering from the University of Wisconsin- Madison, and earned his Master’s of Science degree in Electrical Engineering from Cornell University in the United States.

He also has several publications in international engineering journals.

Mustafa Kheriba

Chief Operating Officer

Mustafa Kheriba is the Chief Operating Officer of ADFG, and Executive Director of the Company’s Investment Manager, ADCM Ltd. Mustafa has extensive experience and an inherent understanding of the North American and UK real estate markets and pioneer emerging markets such as the GCC, Eastern Europe, and Iraq.

Mustafa manages investment activities and platforms of the company and business development of ADFG and its subsidiary companies. He also oversees deal origination, fund raising activities and directly manages key investments for the company. He also currently serves as Executive Director of Integrated Alternative Finance Ltd, Spadille Ltd, Northacre Plc, Reem Finance and Integrated Eastern European Fund, in addition to being Non-Executive Director at Qannas Investments Limited.

Mustafa previously held senior posts in financial services and investment companies in the GCC, USA and Canada. Prior to joining ADFG, he was Vice President of Operations & Portfolio Management at Brainnox Investment Management, an in-house private equity division of a German conglomerate based in Dubai, managing the group’s investments in Eastern Europe, GCC and Iraq. Mustafa has been named among the top 50 MENA Fund Managers in the 2015 annual survey conducted by MENA FM Magazine. Mustafa holds a BA from the University of Toronto and an MBA from Ohio Dominican University with Magna Cum Laude honours.

Bechara Raad

Chief Business Officer

Bechara is the Chief Business Officer of Abu Dhabi Financial Group and a Board Director of the ADFG related companies Integrated Alternative Finance Ltd, ADCM Ltd, and Integrated Eastern European Fund.

Bechara is responsible for overseeing ADFG’s support functions to ensure the timely provision and allocation of human, financial and physical resources, as well as managing the firm’s PR and Investor Relations.  He is a member of the Portfolio Review Committee, vetting and monitoring investment deals.

Bechara has more than 20 years of work experience and has held senior positions in banks (Chief Operating Officer of Credit Suisse for the Middle East & Africa, and before that of Bank Audi in Saudi Arabia), hi-tech companies (3Com-HP in the UK), as well as entrepreneurial ventures.

Bechara holds an MBA from INSEAD (1995), a Master’s of Electrical Engineering from Virginia Tech (1991), and a Bachelor’s of Electrical Engineering from the American University of Beirut (1989).

Bachir Nawar

General Counsel

Bachir is the general counsel for ADFG and manages all legal matters for the firm. He also oversees compliance matters for the Group’s subsidiaries in conjunction with compliance officers.

He was previously a Director with Berwin Leighton Paisner, an international law firm that has won ‘Law Firm of the Year’ seven times in the last eight years and Reed Smith before that. He has over 10 years’ experience advising on UAE and GCC laws as well as crossborder transactions.

Bachir has an LLB from St. Joseph’s University in Beirut, Lebanon.

Divyesh Mahajan

Chief Technology Officer

Divyesh is the Chief Technology Officer of ADFG and leads the Group’s investment initiatives in the technology domain, identifying new themes and pursuing opportunities in this space. He has 12 years of combined experience in technology and investments, and was previously a key senior member of the alternative investments arm of ADFG.

He previously worked with ING Investment Management in New York and Hong Kong as part of their Multi-Asset Strategies and Solutions Group. Before that he spent three years at American Express in various positions.

He holds an MBA from the University of Cambridge and a Master’s Degree in Computer Science and Engineering from the Indian Institute of Technology, Delhi, India.

Fawad Tariq Khan

Director – Investments

Fawad leads the investments team of Abu Dhabi Financial Group and focuses on devising and implementing alternative investment strategies globally. He also heads up Integrated Alternative Finance, the debt platform of ADFG and serves on the Board of Directors of Northacre, a leading developer of high-end luxury residential schemes in London.

He has ten years’ experience in private equity and debt advisory roles beginning his career with Deloitte in London focusing on strategy consulting and financial advisory for clients across the UK and mainland Europe. He joined Deloitte’s M&A advisory team in the UAE in 2010 and subsequently helped set up its debt advisory practice where he executed numerous high profile transactions covering corporate debt, mezzanine, off balance sheet and hybrid issuances.

Fawad holds an MSc in Business Studies from the Michael Smurfit Graduate Business School at University College Dublin and a BSc in Computer Science from University College Cork, Ireland.

Pathikrit Banerjee

Director – Special Projects

Pathikrit leads strategic projects at the capital markets arm of ADFG, where he is responsible for business development and execution of strategic initiatives.

Pathikrit has more than 12 years of work experience and was most recently a Senior Project Manager with the General Secretariat of the Executive Council in Abu Dhabi where he provided financial and strategic advisory to the Executive Council and its sub-committees related to some of the most important commercial enterprises owned and supported by the government. Previously he has worked in investment banking (BMO Capital Markets in Chicago), an American Fortune 500 corporation (Cummins Inc. in Wisconsin), as well as in entrepreneurial ventures.

Pathikrit holds an MBA in General Management and a BS in Mechanical Engineering from the University of Wisconsin in Madison, USA.

Natasha Hannoun

Associate Director – Debt

Natasha has broad experience across a range of advisory services and sectors including education, logistics, oil and gas and real estate.

Prior to joining IAF, she was part of Deloitte’s M&A and debt advisory team where she advised GEMS Education on its debt and equity raise as well as its US$ 265 million sale & lease backs and US$ 200 million hybrid Sukuk offering in 2013. She has also advised on a 100% debt financed acquisition of shipping assets through senior and mezzanine financing.

Predrag Kozic

Director – Eastern Europe Platform

Predrag is a Director of project management at Integrated Eastern European Holdings Ltd and is responsible for ADFG’s Eastern European investments. Previously he was Project Manager at Adriatic Marinas and he was responsible for their Porto Montenegro Project.

He has over 12 years experience in engineering and project management in Australia and Eastern Europe.

Predrag holds a B.Sc. degree in Civil Engineering from Sydney, Australia.

Niccolo Barattieri Di San Pietro

CEO – Northacre Plc

Niccoló has over 18 years experience in Finance and Real Estate. After spending several years alongside Est4te Four’s Partners (who built their reputation in Milan by creating arguably the largest fashion quarter in the world), Niccolò helped Est4te Four to transform from a developer to a global real estate advisor with developments in Milan, London, New York and Los Angeles.

Prior to this he was the Head Trader for Theorema Asset Management, a US$ 600 million European Equity Hedge Fund.

Frequently Asked Questions

    What is ADFG?

  • Abu Dhabi Financial Group (ADFG) is a multi-billion dollar alternative investment company primarily focused on financial services and real estate, in the GCC, UK and Eastern Europe. We target alternative investments rather than conventional because we believe that is where there is most value.

  • When was ADFG founded?

  • ADFG was founded in January 2011.

  • What is ADFG's corporate structure?

  • ADFG currently operates through six subsidiary companies. Abu Dhabi Capital Management (ADCM), an alternative investment firm; Integrated Alternative Finance (IAF), which offers financing and structuring solutions; Spadille/Northacre, a real estate developer focused on prime Central London; Integrated Securities (IS), a licensed securities brokerage firm; and Qannas Investments Limited (QIL), an AIM-listed closed ended investment company.

  • Who are your investors?

  • Our investor base is a diverse mix of local, regional and global institutions, high net worth individuals and family offices.

  • Who regulates ADFG and its subsidiaries?

  • Abu Dhabi Capital Management is regulated by the Emirates Securities and Commodities Authority (SCA), and almost all of our other subsidiaries have a regulator, whether it is SCA, Dubai Financial Services Authority (DFSA), the UAE Central Bank, or London Stock Exchange. We are very comfortable operating in a highly regulated environment and have made “best practice” good corporate governance a cornerstone of our business model.

Offices
  • Abu Dhabi Financial Group’s headquarters are located in Abu Dhabi in the United Arab Emirates with a branch office in the Dubai International Financial Centre (DIFC). We also have offices in London and Montenegro.

    Abu Dhabi: Headquarters, Al Bateen Towers, C2, P.O.Box 112230, Abu Dhabi, UAE

    Dubai: DIFC, Al Fatten Currency Tower II, 711, P.O.Box 482095, Dubai, UAE

    United Kingdom: 8 Hester Road, London, UK SW11 4AX

    Eastern Europe: 1 Sheikh Zayed Road, Podgorica, Montenegro

Awards
2016
  • “UAE Asset Manager of the Year” at MENA Fund Manager Performance Awards 2016
2015
  • “Outstanding Performance & Innovation” at the MENA Fund Manager Performance Awards 2015
2014
  • “Best Private Equity Fund” at the Banker Middle East Product Awards 2014
  • “Outstanding Performance & Innovation” at the MENA Fund Manager Performance Awards 2014
2013
  • “Private Equity Fund of the Year” at the MENA Fund Manager Performance Awards 2013
Fraud Warning

26 Mar 2017

IMPORTANT/PLEASE READ: Fraudulent duplication of Abu Dhabi Financial Group website and use of names, directors' profiles, details and emails.

Abu Dhabi Financial Group ("ADFG") work alerts members of the public to a fraudulent scam involving the use of a false ADFG website and use of images and persons associated with ADFG.

The perpetrators of the scam are holding themselves out as Injaz Mena Investment Company PSC and have a website (the "Website") that replicates ADFG's website and contains pictures and profiles of the persons associated with ADFG. The perpetrators have been sending emails to known associates and partners of ADFG as well as to others making various claims of collaboration and asking for information and funds.

The fake Website can be viewed at www.imicpsc.ae

In addition, the perpetrators of the scam are replicating reports and research prepared by professional consultancy firms such as Deloitte India and referencing institutions including INSEAD Business School.

ADFG informs you that:

  • This Website is false, and has been used by the perpetrators of the scam to legitimize their fraudulent activity;
  • ADFG does not use email addresses from public domains (such as Hotmail, Gmail, Yahoo, etc.). If you receive or have received any message from such domains, including from jassim@imicpsc.ae, thisismypersonalbox@gmail.com, info@imicpsc.ae, directorboard@yandex.com or ismchwbox@aol.com please do not respond or share any personal details, including your financial information;
  • Individuals from or related to ADFG that have been targeted and impersonated include: Jassim Alseddiqi, Mustafa Kheriba, Fawad Tariq Khan, Natasha Hannoun and Bechara Raad;
  • These investment schemes are completely fraudulent; ADFG will never solicit investment through such email communication and does not request transfers of funds; and
  • Any suspicious emails and phishing attempts should be ignored. The Dubai Financial Services Authority has recently issued warnings and guidance about common types of scams perpetrated on consumers. For more information on these scams, please go to: HowToAvoidBeingScammed

IMPORTANT/PLEASE READ: Fraudulent use of Abu Dhabi Financial Group, name, director's profile, details and emails.


We are aware of unauthorized attempts to use the Abu Dhabi Financial Group (ADFG) name and other information to defraud individuals. By example, someone appears to be posing as our CEO, Mr. Jassim Alseddiqi, yet acting as a director of Abu Dhabi Capital Group and is creating various fraudulent LinkedIn profiles. We have posted a warning notice on Mr. Jassim Alseddiqi's LinkedIn profile as the unauthorized person is using these profiles to solicit fraudulent investments from different LinkedIn connections. The person is also sending emails of a similar nature to contacts around the world. To do that the person has created fraudulent email addresses using or including from time to time Abu Dhabi Financial Group/ADFG or Abu Dhabi Capital Group/ADCG, or similar distorted or shortened names such as ceo@adcapgae.com, jassim@adcgae.com or ceo.adcgae@outlook.com. To assist you in identifying fraudulent activity, please note the following:

  1. ADFG does not use email addresses from public domains (such as hotmail, gmail, yahoo etc). If you have received any message from such domains, including from ceo@adcapgae.com jassim@adcgae.com or ceo.adcgae@outlook.com, please do not respond or share any personal details, including your financial information.
  2. These investment schemes are completely fraudulent. Please keep in mind that we would never solicit investment through such email communication.
  3. Please ensure that you are dealing with an authorized representative of ADFG.
  4. If you receive any communication from doubtful emails including from ceo@adcapgae.com jassim@adcgae.com or ceo.adcgae@outlook.com particularly appearing to be from Jassim Alseddiqi or where you are asked to provide personal information or make any payment (either directly to the sender of the email or to a third party) please update us via email at info@adfg.ae for verification.

Of course, the above are just some helpful tips for you based on fraudulent activity that we have been aware of to date. Please exercise extreme caution always in financial matters as fraudsters can be creative and can change their email addresses and tactics in order to confuse and lure you.

Thank you for your understanding.

Abu Dhabi Financial Group