NewVest Strengthens Middle East Footprint with Abu Dhabi Office Opening

NewVest Expands Its Operations in the Middle East

NewVest has officially unveiled its latest office in Abu Dhabi as part of the Abu Dhabi Sustainability Week, signifying a pivotal expansion for the firm. Positioned in the Abu Dhabi Global Market (ADGM), this new location not only emphasizes NewVest's growing influence in the region but also reflects its intent to deliver superior investment solutions tailored for Middle Eastern clients. Once the licensing procedures are finalized with the ADGM's Financial Services Regulatory Authority, NewVest aims to leverage this strategic base to enhance its service offerings in this dynamic market.

Olivia Jack, the Global Head of Marketing and Communications at NewVest, will be relocating to the UAE to oversee the marketing and communications strategies from the new office. With her extensive background and insight into the company's vision, she is expected to foster seamless integration and cultivate stronger relationships with clients in the region.

Edward Talmor-Gera, CEO of NewVest, acknowledged the significance of this move, stating, "NewVest's expansion into Abu Dhabi marks a significant milestone in our growth strategy. Once our licensing process is complete, our new office in ADGM will enable us to better serve our clients in the region and strengthen our global footprint. We are committed to delivering innovative investment solutions and exceptional client service."

Ariel Ezrahi, Director of Climate Strategy at NewVest, emphasized the potential of Abu Dhabi as a leading hub for climate finance. He noted that the robust regulatory environment at the ADGM offers an excellent platform for NewVest to deepen its connections with investors across the Middle East and beyond. He remarked, "We are excited about the opportunities this new office will bring, especially in relation to our efforts in climate-related investment strategies."

Once operational, the Abu Dhabi office will serve as a center for NewVest's initiatives throughout the Middle East, facilitating closer ties with regional investors and partners. This strategic move will also bolster NewVest's ongoing commitment to driving the energy transition and aligning investment strategies with the region's economic goals. The establishment of this office reflects NewVest's ambition to not only expand its reach but also contribute positively to the local economic landscape.

NewVest is recognized for managing innovative, passively constructed index funds that provide diversified access to the largest private markets globally. As of October 31, 2024, the firm oversees approximately $430 million in assets and operates across North America, Europe, and the Middle East. By simplifying access to private market investments for a broad range of investors, NewVest continues to set trends in the investment management landscape.

With the Abu Dhabi office, NewVest is poised to enhance its strategic capabilities and deepen its engagement with clients eager for reliable investment solutions in this vibrant market. The firm is resolute in its mission to support sustainable growth and contribute to the region's long-term prosperity.