The Abu Dhabi Investment Office (ADIO) has partnered with leading global private investment firm, Bain Capital, to support with the firm’s expansion in the region and coinciding with the launch of the Fintech, Insurance, Digital and Alternative Assets (FIDA) cluster.
The FIDA cluster, announced during Abu Dhabi Finance Week 2025 (ADFW 2025), is a strategic initiative designed to build next-generation financial infrastructure across areas such as fintech, alternative investments, digital assets, long-term savings, transition finance and SME capital platforms.
FIDA is projected to contribute with additional $15.24 billion (AED 56 billion) to direct GDP, create an additional 8,000 direct skilled jobs and attract at least $4.63 billion (AED 17 billion) in investments.
With over 40 years of experience in private equity, venture capital, credit, and real estate, Bain Capital brings expertise and a global network to the FIDA cluster. Through this partnership, ADIO and Bain Capital will create Abu Dhabi-based alternative investment platforms, building a local asset management ecosystem to drive regional capital deployment and expand investment portfolios.
The partners will work together on co-investment opportunities in Abu Dhabi and the wider region, partnering with local stakeholders and sovereign entities to fund transformative projects. They will also engage institutional investors and academic institutions to grow a financial ecosystem that attracts capital to Abu Dhabi’s key areas, including infrastructure, transition finance, and innovation.
The collaboration will also support talent development by aligning with FIDA’s strategy to establish pathways for research and skills development in fields such as alternative investments, risk management and asset advisory. This focus on talent ensures that financial expertise is embedded and scaled from within the ecosystem.
HE Badr Al-Olama Director General – ADIO
“Through this collaboration with Bain Capital, we are creating strategic channels for financial innovation that serve institutional needs, while giving global investors a stable base in Abu Dhabi to originate, structure and deploy capital across the region.”
David Gross, Co-Managing Partner at Bain Capital, commented that, “Abu Dhabi’s strategic location, business-friendly environment, and commitment to innovation make it an ideal base for expanding our regional footprint. We look forward to working with ADIO to identify compelling investment opportunities and contribute to the development of a world-class financial services sector that benefits investors, entrepreneurs, and communities across the region.”
By enabling scalable financial services across alternative investments, digital infrastructure, ESG finance and long-term savings, the FIDA cluster supports Abu Dhabi’s broader diversification efforts towards a knowledge-driven, innovation-led economy.
FIDA joins the SAVI (Smart and Autonomous Vehicles Industry), AGWA (AgriFood Growth and Water Abundance) and HELM (Health, Endurance, Longevity and Medicine) clusters in advancing Abu Dhabi’s cohesive, cluster-led strategy for economic transformation.
