Man Group, one of the world’s largest listed alternative investment firms with approximately $228.7bn, is moving forward with plans to establish a presence in Abu Dhabi and has submitted an application for a license to operate in the emirate.
The London-listed firm has applied for a Category 3A licence, a step that would allow it to conduct regulated investment activities including asset management and advisory services, subject to regulatory approval. The move marks a further expansion of Man Group’s footprint in the Middle East as it looks to develop a regional hub spanning investment, trading and client-facing operations.
The Abu Dhabi Global Market (ADGM) said the move highlights the emirate’s continued rise as a global centre for asset and wealth management, as international firms increasingly build out permanent bases there.
The announcement adds to recent momentum at ADGM, which has attracted a growing roster of global financial institutions in recent months, including Bain Capital, Barings and Hillhouse Investment. The influx reflects rising demand from institutional investors for access to the UAE’s capital base and its evolving regulatory ecosystem.
ADGM leadership said Man Group’s decision highlights strong international confidence in Abu Dhabi’s financial infrastructure and regulatory framework. The centre has positioned itself as a key platform for global capital formation, supported by English common law principles, expanding market infrastructure and access to sovereign and institutional capital pools.
Man Group chief executive Robyn Grew said the firm has long viewed Abu Dhabi as a strategic financial centre and described the licence application as an important milestone in deepening its regional presence. The firm has longstanding relationships in the Middle East, including partnerships with institutional investors and prior involvement in ADGM’s advisory development phase.
The planned expansion builds on Man Group’s broader strategy of strengthening its global network across major financial hubs. The firm, which operates across both public and private markets and is active in quantitative and discretionary strategies, has increasingly focused on technology-driven investing, including artificial intelligence and systematic approaches.
ADGM has reported strong growth in recent periods, with assets under management rising 36% in 2025 and more than 12,000 active licences across its jurisdiction. The financial centre continues to position itself as a key gateway for capital flows between Europe, Asia and the Middle East, particularly in hedge funds, alternative investments and private capital.
