ADGM Regulated Firms by Licence Category
Abu Dhabi Global Market (ADGM) has emerged as one of the fastest-growing financial centers in the Middle East. Its Financial Services Regulatory Authority (FSRA) operates a tiered licensing framework that accommodates everything from full-service asset managers to specialized fund administrators and advisory firms.
| Licence Category | Firms |
|---|---|
| Financial Services | 435 |
| Category 3C | 23 |
| Category 1 | 1 |
| Category 3B | 1 |
ADGM Regulated Firms
| Firm | FSRA Ref | Licence | Status |
|---|---|---|---|
| 36 SOUTH ME LIMITED | 250085 | Financial Services | Active |
| 42X Fund Management Limited | 220106 | Financial Services | Withdrawn |
| 52 Seconds Capital Limited | 220108 | Financial Services | Active |
| 8F Asset Management Middle East Limited | 210027 | Financial Services | Active |
| 9Unicorns Global Capital Management Limited | 240007 | Financial Services | Active |
| A&B Capital Limited | 220111 | Financial Services | Active |
| Aberdeen Standard Investments (ADGM) Limited | RA-0004 | Category 3C | Active |
| Abrdn Investments Middle East Limited | 160007 | Financial Services | Active |
| Abu Dhabi Catalyst Partners Limited | 180041 | Financial Services | Active |
| ABU DHABI COMMERCIAL BANK | 250087 | Financial Services | Active |
| Abu Dhabi Reinsurance Company Limited | 180044 | Financial Services | Active |
| Access Bridge Ventures Limited | 200006 | Financial Services | Active |
| AC Limited (Hayvn) | 190016 | Financial Services | Withdrawn |
| ACM Limited | 180022 | Financial Services | Active |
| ACP ME MANAGEMENT LIMITED | 250014 | Financial Services | Active |
| Adams Street ME Ltd | 240082 | Financial Services | Active |
| ADCB Asset Management Limited | 170036 | Financial Services | Active |
| ADCM Altus Investment Management Limited | 160006 | Financial Services | Withdrawn |
| ADCORP Ltd | 160005 | Financial Services | Withdrawn |
| AD Investment Management Limited | 180039 | Financial Services | Withdrawn |
| Admirals MENA Ltd | 220160 | Financial Services | Withdrawn |
| ADNOC Reinsurance Limited | 180024 | Financial Services | Active |
| ADQ Management | RA-0010 | Category 3C | Active |
| ADS Investment Solutions Limited | 170025 | Financial Services | Active |
| AFD Fund Management Ltd | 170026 | Financial Services | Active |
| Afkar Capital Limited | 160001 | Financial Services | Withdrawn |
| AG (Australian Gulf) Capital Limited | 220056 | Financial Services | Active |
| Ajeej Capital (AD) Limited | 180021 | Financial Services | Active |
| Albourne Partners Limited | 250053 | Financial Services | Active |
| Al Dhabi Capital Limited | 160019 | Financial Services | Active |
| Aliph Capital Limited | 210053 | Financial Services | Active |
| AllianceBernstein (ADGM) Limited | RA-0022 | Category 3C | Active |
| Allianz Global Investors Middle East Limited | 250070 | Financial Services | Active |
| Almha Capital Limited | 210019 | Financial Services | Active |
| Alpen Capital (ME) Limited | 160013 | Financial Services | Active |
| Alteia Investment Management Ltd | 240014 | Financial Services | Active |
| Alterra Management Limited | 200001 | Financial Services | Active |
| ALTNovel Capital Ltd | 220164 | Financial Services | Active |
| Altus Fund Management Company Ltd | 210025 | Financial Services | Active |
| Amal Invest Ltd. | 210036 | Financial Services | Withdrawn |
| Amberstone Capital Ltd | 240101 | Financial Services | Active |
| AMINA Bank AG | 210043 | Financial Services | Active |
| AM Wealth Limited | 220135 | Financial Services | Active |
| Anamcara Capital Management Limited | 210010 | Financial Services | Active |
| Andermatt Capital Limited | 220093 | Financial Services | Active |
| Aon Management Services (Middle East) Limited | 180014 | Financial Services | Active |
| Ap3x Capital Limited | 240079 | Financial Services | Active |
| APAX PARTNERS MIDDLE EAST LIMITED | 220175 | Financial Services | Active |
| Apex Fund Services (AD) Limited | 170004 | Financial Services | Active |
| A.P. MØLLER CAPITAL (ME) LTD | 240073 | Financial Services | Active |
| Apollo Global Management (ADGM) | RA-0008 | Category 3C | Active |
| Apollo Management International LLP | 200013 | Financial Services | Active |
| Appian Capital Advisory Limited | 250020 | Financial Services | Active |
| Arab Dragon Capital Limited | 250005 | Financial Services | Active |
| Arab Global Capital Limited | 190023 | Financial Services | Withdrawn |
| Aras Partners Limited | 190043 | Financial Services | Active |
| Arcapita Investment Management Limited | 240035 | Financial Services | Active |
| ARC GROUP LTD | 220168 | Financial Services | Active |
| Ardian Limited | 220098 | Financial Services | Active |
| ARECA Capital LTD | 210035 | Financial Services | Active |
| Ares Management (ADGM) Limited | RA-0017 | Category 3C | Active |
| Argentem Creek Middle East Ltd | 220115 | Financial Services | Active |
| Arini Capital Management (ME) Limited | 250055 | Financial Services | Active |
| Arolla Finance Limited | 250007 | Financial Services | Active |
| ARTE Capital Middle East Limited | 220146 | Financial Services | Active |
| Artex Risk Solutions Limited | 240053 | Financial Services | Active |
| Arzan Venture Capital Limited | 220086 | Financial Services | Withdrawn |
| Ascent Fund Services Ltd | 210048 | Financial Services | Active |
| Aspen Digital Financial Limited | 240034 | Financial Services | Active |
| Assets Under Management Ventures Ltd | 220055 | Financial Services | Active |
| AT Capital Markets Limited | 170006 | Financial Services | Withdrawn |
| Aument Capital ME Limited | 240103 | Financial Services | Active |
| Aurem Wealth Solutions Limited | 220100 | Financial Services | Active |
| Ava Trade Middle East Limited | 190018 | Financial Services | Active |
| Avenue ME Advisors Ltd | 190034 | Financial Services | Active |
| AXA Investment Managers Middle East Limited | 240030 | Financial Services | Active |
| Axight Capital Limited | 210024 | Financial Services | Active |
| Azimut (ME) Limited | 180043 | Financial Services | Active |
| Balmoral Partners Investment Management Ltd | 240019 | Financial Services | Active |
| Bank Lombard Odier & Co. Limited | 180046 | Financial Services | Active |
| Banque Centrale Populaire Middle East Limited | 190012 | Financial Services | Active |
| Banque Richelieu GCC Limited | 160022 | Financial Services | Active |
| Barrenjoey Markets Pty Limited | 240006 | Financial Services | Active |
| Batelco Financial Services Ltd | 220061 | Financial Services | Active |
| Beaufort Management Limited | 210013 | Financial Services | Active |
| BETTERHAND IA LIMITED | 250018 | Financial Services | Active |
| Binance (AD) Limited | 220058 | Financial Services | Withdrawn |
| Bitmena Limited | 190013 | Financial Services | Withdrawn |
| BlackRock Advisors (UK) Limited | 240099 | Financial Services | Active |
| BlackRock Advisors (UK) Limited - ADGM Branch | RA-0001 | Category 3C | Active |
| Blackstone Europe LLP | 180035 | Financial Services | Active |
| Blantyre Capital II Limited | 250002 | Financial Services | Active |
| BLEX Financial Limited | 190015 | Financial Services | Withdrawn |
| BLUEFIVE ASSET MANAGEMENT LTD | 250086 | Financial Services | Active |
| Blue Remit Limited | 170003 | Financial Services | Active |
| BNP Paribas S.A. | 170015 | Financial Services | Active |
| Brevan Howard Capital Management Limited | 250024 | Financial Services | Active |
| Brevan Howard Investment Products Limited | 220089 | Financial Services | Active |
| Bridgefort Maritime Limited | 210002 | Financial Services | Active |
| Bridge Nine Capital Partners Limited | 200004 | Financial Services | Active |
| Bridgepoint ECP M.E. Limited | 250056 | Financial Services | Active |
| Brookfield Asset Management (ADGM) | RA-0016 | Category 3C | Active |
| BROWN ADVISORY LIMITED | 250004 | Financial Services | Active |
| Brummer & Partners Asset Management (UK) Ltd | 250033 | Financial Services | Active |
| Bunat Ventures Limited | 210052 | Financial Services | Active |
| BurjX MENA Ltd. | 240022 | Financial Services | Active |
| BV Investment Management Limited | 220082 | Financial Services | Withdrawn |
| B&Y Venture Partners Limited | 200041 | Financial Services | Active |
| Capital Union Bank (Middle East) Limited | 240059 | Financial Services | Active |
| Carlyle MENA Advisors Limited | 210009 | Financial Services | Active |
| Carta Middle East Limited | 240098 | Financial Services | Active |
| CBC GROUP (ME) LIMITED | 250015 | Financial Services | Active |
| Centricus Limited | 220147 | Financial Services | Active |
| Changer.ae Limited | 220142 | Financial Services | Active |
| Chenavari Investment Management (Middle East) Limited | 240066 | Financial Services | Active |
| Chimera Capital LLC | RA-0012 | Category 3C | Active |
| Circle Internet MEA Ltd | 250035 | Financial Services | Active |
| Citco Middle East Limited | 210006 | Financial Services | Active |
| Citibank N.A. | 180011 | Financial Services | Active |
| CLEARLAKE CAPITAL GROUP (MIDDLE EAST) LTD | 240076 | Financial Services | Active |
| CMC Capital Partners MENA Limited | 220174 | Financial Services | Withdrawn |
| Cohesion Asset Management Limited | 220110 | Financial Services | Active |
| Copper Securities (ME) Limited | 200039 | Financial Services | Active |
| Corecam Family Office Ltd | 220087 | Financial Services | Active |
| Credible X Limited | 220134 | Financial Services | Active |
| Crosswind Capital Fund Management Limited | 220171 | Financial Services | Active |
| CROWN AGENTS GLOBAL MARKETS LTD | 250078 | Financial Services | Active |
| CSC Corporate Services (Middle East) Limited | 200037 | Financial Services | Active |
| Curated Capital Ltd | 220104 | Financial Services | Active |
| Cygnus Capital Advisers Limited | 210018 | Financial Services | Active |
| Daliz Finance Ltd | 220126 | Financial Services | Active |
| Delta Wealth Partners Limited | 220114 | Financial Services | Active |
| Demeter Capital Limited | 210093 | Financial Services | Active |
| Demeter Tactical Investments (ME) Limited | 250028 | Financial Services | Active |
| Deutsche Bank AG | 240032 | Financial Services | Active |
| DEXBRIDGE CAPITAL LTD | 240080 | Financial Services | Active |
| DEX Limited | 190009 | Financial Services | Withdrawn |
| DigitalBridge Investment Management LLC | 220136 | Financial Services | Active |
| DIGITAL CLIMATE (ME) LIMITED | 240104 | Financial Services | Active |
| Digital Spring Ventures LLP | 160008 | Financial Services | Withdrawn |
| DWS INTERNATIONAL GMBH | 250054 | Financial Services | Active |
| Ebtikar LTD | 210029 | Financial Services | Withdrawn |
| Ebury Partners UK Limited | 190010 | Financial Services | Withdrawn |
| EGA Reinsurance Limited | 200052 | Financial Services | Active |
| Eiffel Investment ME Limited | 220151 | Financial Services | Active |
| Eldridge International Management Limited | 250050 | Financial Services | Active |
| EnergiaRe Limited | 250047 | Financial Services | Active |
| EQIQ Limited | 220059 | Financial Services | Active |
| Equitativa (AD) Limited | 160009 | Financial Services | Active |
| Eshara Capital Limited | 160003 | Financial Services | Withdrawn |
| eToro (ME) Ltd | 220073 | Financial Services | Active |
| Exinity ME Ltd | 200015 | Financial Services | Active |
| F9 Capital Management Ltd | 220091 | Financial Services | Active |
| FGEN LTD | 240060 | Financial Services | Active |
| Fidelis OPCO Limited | 240024 | Financial Services | Active |
| Fidera EMEA Limited | 220102 | Financial Services | Withdrawn |
| Fiera Capital (UK) Limited | 240043 | Financial Services | Active |
| FinaMaze Limited | 180036 | Financial Services | Active |
| FinFlx Investment Management Ltd | 210003 | Financial Services | Active |
| Finior Capital Limited | 170018 | Financial Services | Active |
| Finstreet Capital Limited | 220148 | Financial Services | Active |
| Finstreet Global Clearing and Settlement Limited | 240056 | Financial Services | Active |
| Finstreet Global Markets Limited | 240055 | Financial Services | Active |
| First Abu Dhabi Bank P.J.S.C. | 210051 | Financial Services | Active |
| First Abu Dhabi Bank PJSC | RA-0006 | Category 1 | Active |
| First Answer Middle East Limited (Liminal) | 220125 | Financial Services | Withdrawn |
| First Fund Management Limited | 180003 | Financial Services | Withdrawn |
| First Global Capital Limited | 170007 | Financial Services | Withdrawn |
| Five Capital Limited | 170005 | Financial Services | Withdrawn |
| Flat6Labs Arabia Limited | 210031 | Financial Services | Active |
| Florin Court Capital LLP | 240004 | Financial Services | Active |
| Florin Court Capital ME LLP | 210040 | Financial Services | Withdrawn |
| Foris Capital ME Limited | 190045 | Financial Services | Active |
| Fortress Investment Group (ME) Limited | 240077 | Financial Services | Active |
| FOUNDERS & COMPANY LIMITED | 220116 | Financial Services | Active |
| Franklin Templeton Investments (ME) Limited | RA-0005 | Category 3C | Active |
| Freedom Asset Management Limited | 190001 | Financial Services | Withdrawn |
| Freedom Asset Management (Middle East) Limited | 250016 | Financial Services | Active |
| Freedom Broker Global Markets Ltd | 250006 | Financial Services | Active |
| Frontera Capital Group Limited | 160011 | Financial Services | Active |
| Funder.ai Technologies Limited | 210028 | Financial Services | Active |
| Fund+ Ltd | 220138 | Financial Services | Active |
| Fundrock Investment Management Services (ME) Ltd | 200022 | Financial Services | Active |
| Further Ventures Limited | 220066 | Financial Services | Active |
| G42 Asset Management Limited | 200038 | Financial Services | Withdrawn |
| Gemcorp Capital Management (Middle East) Limited | 220156 | Financial Services | Active |
| General Atlantic Gulf Limited | 240085 | Financial Services | Active |
| Global Investments Limited | 190031 | Financial Services | Withdrawn |
| Global Millennial Fund Management Limited | 220085 | Financial Services | Withdrawn |
| Global Ventures ME Limited | 220099 | Financial Services | Active |
| Glomax Exchange Ltd | 190006 | Financial Services | Withdrawn |
| GMB LIMITED | 240057 | Financial Services | Active |
| Goldman Sachs Asset Management International - ADGM | RA-0002 | Category 3C | Active |
| Goldman Sachs International | 220107 | Financial Services | Active |
| GOLUB CAPITAL MIDDLE EAST LIMITED | 240093 | Financial Services | Active |
| GQG Partners Ltd | 240015 | Financial Services | Active |
| Greensill Limited | 190040 | Financial Services | Withdrawn |
| Growmore Asset Management Limited | 200007 | Financial Services | Withdrawn |
| Gulf Capital Investments Limited | 220088 | Financial Services | Active |
| Hafeet Capital Limited | 240062 | Financial Services | Active |
| Halo Investing MEA Ltd | 220081 | Financial Services | Active |
| HarbourVest Partners (GCC) Limited | 250057 | Financial Services | Active |
| HARRISON STREET ME LIMITED | 240084 | Financial Services | Active |
| Hashgraph Ventures Manager Ltd | 220159 | Financial Services | Active |
| Hauberk Capital Limited | 220131 | Financial Services | Withdrawn |
| HAVELI INVESTMENTS INTERNATIONAL LIMITED | 240081 | Financial Services | Active |
| HIDDEN ROAD PARTNERS CIV (MIDDLE EAST) LIMITED | 250034 | Financial Services | Active |
| High Water Venture Partners Limited | 210001 | Financial Services | Active |
| HOF Capital MENA Limited | 200026 | Financial Services | Withdrawn |
| Hokma IQ Ltd | 250052 | Financial Services | Active |
| HPPME Limited | 210016 | Financial Services | Withdrawn |
| HSBC Bank Middle East Limited | 180013 | Financial Services | Active |
| HSBC Global Asset Management (ADGM) Limited | RA-0021 | Category 3C | Active |
| Hub71+ Digital Assets | RA-0025 | Category 3B | Active |
| Hubpay Limited | 190024 | Financial Services | Active |
| Iceberg Capital Limited | 210057 | Financial Services | Active |
| ICGS Investment Management Limited | 190017 | Financial Services | Active |
| ICM Limited | 210045 | Financial Services | Active |
| iGan Arabia Limited | 240001 | Financial Services | Withdrawn |
| Iliad Partners Management Limited | 210044 | Financial Services | Active |
| I.M. Mamlouk & Company Limited | 250011 | Financial Services | Active |
| IMX FUNDS LIMITED | 250022 | Financial Services | Active |
| Ince Consultancy Middle East Limited | 200002 | Financial Services | Withdrawn |
| Infini Capital Management (ME) Limited | 240013 | Financial Services | Active |
| INSIGHT CAPITAL MANAGEMENT LIMITED | 260003 | Financial Services | Active |
| Invest AD Brookfield Managers Limited | 170035 | Financial Services | Withdrawn |
| Investcorp (Abu Dhabi) Limited | 210032 | Financial Services | Active |
| Investcorp Bank BSC | RA-0013 | Category 3C | Active |
| Investindustrial Advisors (MENA) Limited | 240028 | Financial Services | Active |
| IQ EQ Middle East Services Limited | 220153 | Financial Services | Active |
| I Squared Capital Advisors (ME) Limited | 240016 | Financial Services | Active |
| IX7 Asset Advisory Services Limited | 210014 | Financial Services | Withdrawn |
| Jane Street MENA Limited | 250075 | Financial Services | Active |
| Janus Henderson Investors Middle East Limited | 220149 | Financial Services | Active |
| Jasoor Ventures Limited | 220122 | Financial Services | Active |
| JEFFERIES INTERNATIONAL LIMITED | 250030 | Financial Services | Active |
| JINGDONG COINLINK TECHNOLOGY (MIDDLE EAST) LIMITED | 250072 | Financial Services | Active |
| Joy Global Limited | 220150 | Financial Services | Active |
| J.P. MORGAN MIDDLE EAST LIMITED | 200043 | Financial Services | Active |
| Julius Baer (Abu Dhabi) LTD | 250098 | Financial Services | Active |
| Key Capital Ltd | 190032 | Financial Services | Active |
| Key Way Markets Ltd | 190005 | Financial Services | Active |
| KIMMERIDGE ENERGY MANAGEMENT COMPANY, LLC | 240097 | Financial Services | Active |
| Kirkoswald Global Management Services (MENA) Ltd | 240063 | Financial Services | Active |
| KKR (AD) LIMITED | 250099 | Financial Services | Active |
| KKR MENA Limited | RA-0015 | Category 3C | Active |
| Klickl International Limited | 220070 | Financial Services | Active |
| Klub Capital Technologies Limited | 220119 | Financial Services | Active |
| Klumi Venture Limited | 220127 | Financial Services | Active |
| Kotak Mahindra Financial Services Limited | 200051 | Financial Services | Active |
| Kristal.AI Middle East Limited | 220117 | Financial Services | Active |
| Laser Digital (AD) Limited | 240029 | Financial Services | Active |
| Lazard Gulf Limited | 250058 | Financial Services | Active |
| Lean Technologies Ltd | 200033 | Financial Services | Active |
| Lexington Partners ME Limited | 250041 | Financial Services | Active |
| Liwa Capital Advisors Ltd | 240045 | Financial Services | Active |
| Lnddo Digital Lending Limited | 200044 | Financial Services | Inactive |
| Lone Star Europe Acquisitions Limited | 240096 | Financial Services | Active |
| Louvre Wealth Management Limited | 220075 | Financial Services | Active |
| Lulu Capital Limited | 190044 | Financial Services | Withdrawn |
| Lunaro Markets Limited | 200034 | Financial Services | Active |
| Lunate Capital Limited | RA-0009 | Category 3C | Active |
| Lunate Capital Limited | 180001 | Financial Services | Active |
| M2 Custody Limited | 220130 | Financial Services | Active |
| M2 Limited | 220090 | Financial Services | Withdrawn |
| Macquarie Capital Middle East LLC | 160002 | Financial Services | Withdrawn |
| MAERKI BAUMANN & CO. AG | 250040 | Financial Services | Active |
| Marcuard Heritage (Middle East) Limited | 240018 | Financial Services | Active |
| Marex Capital (AD) Limited | 160024 | Financial Services | Active |
| MARSHALL WACE MIDDLE EAST LIMITED | 240058 | Financial Services | Active |
| Marsh Management Services (MENA) Limited | 180019 | Financial Services | Active |
| Masdar Capital Management Limited | 200046 | Financial Services | Withdrawn |
| Matrix Limited | 190019 | Financial Services | Active |
| M CAPITAL LIMITED | 250027 | Financial Services | Active |
| Mckinley Capital Middle East Limited | 170037 | Financial Services | Withdrawn |
| McKinsey Management Limited | 240047 | Financial Services | Active |
| MEASA Partners Ltd | 240086 | Financial Services | Active |
| MENA GROWTH PARTNERS LTD | 210046 | Financial Services | Active |
| MEpay Technology Limited | 210015 | Financial Services | Active |
| Mercer Financial Services Middle East Limited | 180023 | Financial Services | Withdrawn |
| MEVP Capital Limited | 200003 | Financial Services | Withdrawn |
| MGX Fund Management Limited | 240067 | Financial Services | Active |
| MIDBAR ADVISORS LIMITED | 250021 | Financial Services | Active |
| Mirabaud (Abu Dhabi) Limited | 180009 | Financial Services | Active |
| Mizuho Bank Ltd. | 190020 | Financial Services | Active |
| Modus MENA Manager Ltd | 210041 | Financial Services | Active |
| Monroe Capital ME Limited | 240048 | Financial Services | Active |
| Morgan Stanley & Co. International plc | 240009 | Financial Services | Active |
| Morgan Stanley Investment Management | 240010 | Financial Services | Active |
| MPW Capital Advisors Limited | 180038 | Financial Services | Active |
| MSA Capital ETM LTD | 200011 | Financial Services | Active |
| MSX Ltd. | 220118 | Financial Services | Withdrawn |
| MTAN Commercial Investment Limited | 170002 | Financial Services | Active |
| Mubadala Capital (ADGM) Limited | RA-0007 | Category 3C | Active |
| Mubadala Capital (RS) Limited | 160020 | Financial Services | Active |
| Mubadala Infrastructure Partners (AD) Limited | 160017 | Financial Services | Withdrawn |
| Mubadala (Re)insurance Limited | 180042 | Financial Services | Active |
| Muzinich & Co. (Middle East) Limited | 250107 | Financial Services | Active |
| NAHDA CAPITAL PARTNERS LTD | 250069 | Financial Services | Active |
| NAPATREE CAPITAL ADVISORS LTD | 240070 | Financial Services | Active |
| Natural Ventures Management Limited | 220133 | Financial Services | Active |
| Neovision Wealth Management Limited | 220080 | Financial Services | Active |
| Nest Trading Limited | 260000 | Financial Services | Active |
| Neuberger Berman ADGM Limited | RA-0018 | Category 3C | Active |
| NewReef Capital Limited | 240078 | Financial Services | Active |
| Ninety One Gulf Capital Limited | 240023 | Financial Services | Active |
| Nomad Invest Limited | 240008 | Financial Services | Active |
| Nomura Asset Management (ADGM) | RA-0023 | Category 3C | Active |
| Northern Lloyd Insurance Brokerage Services Limited | 210021 | Financial Services | Withdrawn |
| Northern Trust Global Services SE | 160018 | Financial Services | Active |
| Northvale Limited | 210017 | Financial Services | Withdrawn |
| Nuveen Middle East Limited | 240040 | Financial Services | Active |
| NZK Insurance Limited | 220145 | Financial Services | Active |
| Odin Financial Ltd | 240071 | Financial Services | Active |
| Offset8 Capital Limited | 220178 | Financial Services | Active |
| Olive Rock Partners Limited | 200005 | Financial Services | Active |
| One Investment Management Ltd | 220095 | Financial Services | Active |
| Oros Asset Management Limited | 220084 | Financial Services | Active |
| ORYX GLOBAL PARTNERS MANAGEMENT LIMITED | 240094 | Financial Services | Active |
| OurCrowd Management (Arabia) Limited | 210008 | Financial Services | Active |
| Ousoul Assets Custodian and Trading Facilities Limited | 190014 | Financial Services | Active |
| Oyster Re Brokers Limited | 240025 | Financial Services | Active |
| Partners Group (ADGM) Limited | RA-0014 | Category 3C | Active |
| Partners Group Middle East Limited | 250013 | Financial Services | Active |
| PATRIZIA (MIDDLE EAST) LIMITED | 240068 | Financial Services | Active |
| Paxos Issuance MENA Ltd | 220167 | Financial Services | Active |
| Paxos Middle East Ltd | 220166 | Financial Services | Active |
| Payward MENA Holdings Limited | 190008 | Financial Services | Withdrawn |
| Peak Capital Management LTD | 210033 | Financial Services | Active |
| Peel Hunt Middle East Limited | 250045 | Financial Services | Active |
| Peregrine Limited | 200040 | Financial Services | Active |
| Perella Weinberg Partners UK LLP - branch | 160014 | Financial Services | Withdrawn |
| PGIM International Limited | 240036 | Financial Services | Active |
| Pharo Manarah Limited | 250067 | Financial Services | Active |
| Phoenician Invest Ltd | 200021 | Financial Services | Active |
| Phoenix Venture Partners Limited | 220144 | Financial Services | Active |
| Plus Capital Limited | 210007 | Financial Services | Withdrawn |
| Plus VC Management Limited | 200029 | Financial Services | Active |
| Point X Partners Limited | 220161 | Financial Services | Withdrawn |
| POLEN CAPITAL MIDDLE EAST LTD | 240091 | Financial Services | Active |
| POLLEN STREET CAPITAL LIMITED | 250044 | Financial Services | Active |
| Polyvalent Capital Limited | 220083 | Financial Services | Active |
| PraxisIFM Trust Limited | 160012 | Financial Services | Active |
| Premier Investment Partners Limited | 240102 | Financial Services | Active |
| PRIMROSE CAPITAL MANAGEMENT (MIDDLE EAST) LIMITED | 250037 | Financial Services | Active |
| Prinden LTD | 220069 | Financial Services | Active |
| Prospect Asset Management Company Limited | 220120 | Financial Services | Active |
| Prosperity Capital Management (ME) Ltd | 220097 | Financial Services | Active |
| Pyypl Ltd | 170031 | Financial Services | Active |
| Q2Q Investment Partners Limited | 180008 | Financial Services | Withdrawn |
| QCP Trading Middle East Limited | 250048 | Financial Services | Active |
| QMM Ltd | 250029 | Financial Services | Active |
| Raed Ventures Limited | 200031 | Financial Services | Active |
| Rain Trading Limited | 210063 | Financial Services | Active |
| REDBIRD CAPITAL PARTNERS (ME) LTD | 220137 | Financial Services | Active |
| REEM PARTNERS LIMITED | 240037 | Financial Services | Active |
| Revam Limited | 220054 | Financial Services | Withdrawn |
| RIIB LTD | 250042 | Financial Services | Active |
| Rothschild & Co ADGM Limited | RA-0020 | Category 3C | Active |
| Rothschild & Co Middle East Limited | 240042 | Financial Services | Active |
| RS Capital Limited | 180005 | Financial Services | Active |
| Rudo Digital Wealth Private Limited | 220155 | Financial Services | Active |
| Ruya Partners Limited | 200047 | Financial Services | Active |
| Sagard (MENA) LTD | 220141 | Financial Services | Active |
| Salica Ventures Limited | 190033 | Financial Services | Active |
| Sandrock Capital Ltd | 250008 | Financial Services | Active |
| Sapiens Alpha Limited | 220176 | Financial Services | Active |
| Sarwa Digital Wealth (Capital) Limited | 190037 | Financial Services | Active |
| Sberinvest Middle East Limited | 200027 | Financial Services | Withdrawn |
| SBI Capital Markets Limited | 220113 | Financial Services | Withdrawn |
| SB Investment Advisers (AD) Ltd | 200030 | Financial Services | Withdrawn |
| SB Management Limited | 180047 | Financial Services | Withdrawn |
| SC Lowy Financial (ME) Limited | 220128 | Financial Services | Active |
| Sculptor Capital Management Hong Kong Limited | 240100 | Financial Services | Active |
| SDF Capital Limited | 220157 | Financial Services | Active |
| Seagrass Limited | 220105 | Financial Services | Withdrawn |
| Secura International Ltd | 210023 | Financial Services | Active |
| Seviora (Middle East) Limited | 240041 | Financial Services | Active |
| Shorooq Partners Ltd | 190004 | Financial Services | Active |
| Shuaa GMC Limited | 180006 | Financial Services | Active |
| Shukr Investments Limited | 200019 | Financial Services | Withdrawn |
| Signet Capital Management (ME) Limited | 220124 | Financial Services | Active |
| Sirius Aviation Limited | 200028 | Financial Services | Active |
| SMBC Bank International Plc | 240061 | Financial Services | Active |
| SMBC Nikko Capital Markets Limited | 200053 | Financial Services | Withdrawn |
| SONA ASSET MANAGEMENT (MENA) LIMITED | 250125 | Financial Services | Active |
| Spectra Asset Management Limited | 240075 | Financial Services | Active |
| Speedinvest Middle East LTD | 240089 | Financial Services | Active |
| SS&C Financial Services Middle East Limited | 220169 | Financial Services | Active |
| Standard Chartered Bank | 190030 | Financial Services | Active |
| Stark Securities Limited | 220140 | Financial Services | Active |
| State Corporation “Bank for Development and Foreign Affairs (VNESHECONOMBANK)” | 170017 | Financial Services | Withdrawn |
| State Street Bank and Trust Company | 180002 | Financial Services | Active |
| State Street Global Advisors (ADGM) Limited | RA-0019 | Category 3C | Active |
| State Street Global Advisors Limited | 170032 | Financial Services | Withdrawn |
| STONEPEAK (MIDDLE EAST) LTD | 220172 | Financial Services | Active |
| Stride Ventures Limited | 220154 | Financial Services | Active |
| Sun Capital Advisory Ltd | 250025 | Financial Services | Active |
| Sygnum Bank AG | 220077 | Financial Services | Active |
| Synaptech Capital Limited | 210038 | Financial Services | Withdrawn |
| TABADULAT LIMITED | 250032 | Financial Services | Active |
| Talos Investment Limited | 200045 | Financial Services | Active |
| TAQA Insurance Limited | 210012 | Financial Services | Active |
| TAU CAPITAL LIMITED | 240095 | Financial Services | Active |
| TCI Fund Management (AD) Limited | 220158 | Financial Services | Active |
| The Bank of New York Mellon | 190021 | Financial Services | Active |
| Thndr Financial Ltd. | 240002 | Financial Services | Active |
| Tikehau Capital Middle East Limited | 220103 | Financial Services | Active |
| Titanium Financial Ltd. | 200010 | Financial Services | Active |
| TMF Group Fiduciary Services Limited | 190002 | Financial Services | Active |
| Token Bay Capital Limited | 240020 | Financial Services | Active |
| Tomasteed Alternative Credit Advisors Limited | 240083 | Financial Services | Active |
| TPG (A) Limited | 240044 | Financial Services | Active |
| TPL Investment Management Ltd | 210062 | Financial Services | Active |
| Trade Bank of Iraq | 170009 | Financial Services | Active |
| Tradition (Dubai) Limited | 240027 | Financial Services | Active |
| Tribe Capital Partners LTD | 200035 | Financial Services | Withdrawn |
| TRIBE INFRASTRUCTURE LTD | 180010 | Financial Services | Active |
| TRITON LIMITED | 240017 | Financial Services | Active |
| Trustin Limited | 240003 | Financial Services | Active |
| Tungsten Custody Solutions Ltd | 220129 | Financial Services | Active |
| Turbine Asset Holdings Group MEA Ltd | 190042 | Financial Services | Withdrawn |
| Two7 Capital Limited | 250079 | Financial Services | Active |
| UBS AG | 250076 | Financial Services | Active |
| Ula Capital Ltd | 240092 | Financial Services | Active |
| UniCredit S.p.A. | 160025 | Financial Services | Withdrawn |
| Universal Digital INTL Limited | 250089 | Financial Services | Active |
| Vanguard Investments ADGM Limited | RA-0003 | Category 3C | Active |
| VantageBridge Partners Ltd | 250046 | Financial Services | Active |
| Vantage Capital Limited | 240031 | Financial Services | Active |
| Vantage Point Capital Management Limited | 220060 | Financial Services | Active |
| Vault Wealth Limited | 220092 | Financial Services | Active |
| Venturerock Global Limited | 220112 | Financial Services | Active |
| Venturesouq Management Limited | 200017 | Financial Services | Active |
| VEPM Middle East Ltd | 250121 | Financial Services | Active |
| Vesper Wealth Advisors Ltd | 240046 | Financial Services | Active |
| Vibrant Capital Partners International Ltd | 220152 | Financial Services | Active |
| VIRTUS ME LIMITED | 240088 | Financial Services | Active |
| Vision Bank Limited | 170016 | Financial Services | Active |
| VIZIER ASSET MANAGEMENT COMPANY LIMITED | 240011 | Financial Services | Active |
| Vontobel Asset Management (ADGM) | RA-0024 | Category 3C | Active |
| VPE Capital (Middle East) Limited | 170001 | Financial Services | Active |
| Waha Capital PJSC | RA-0011 | Category 3C | Active |
| Waha Investments Ltd | 250051 | Financial Services | Active |
| Wahed Invest Limited | 220065 | Financial Services | Active |
| Wealthface Limited | 180048 | Financial Services | Active |
| Winton Capital Management Limited | 180040 | Financial Services | Active |
| Wise Nuqud Ltd. | 190011 | Financial Services | Withdrawn |
| Wizz Cross Border Services Ltd | 170033 | Financial Services | Active |
| World Credit Savings Limited | 160021 | Financial Services | Active |
| X12 Capital Limited | 220101 | Financial Services | Active |
| Xanara ME LTD | 200023 | Financial Services | Active |
| XBTO Middle East Limited | 240072 | Financial Services | Active |
| Yashaa Global Capital Ltd | 240039 | Financial Services | Active |
| Yas Investment Management Limited | 200018 | Financial Services | Active |
| YELLOWFIN CAPITAL PARTNERS LIMITED | 240038 | Financial Services | Active |
| Zeta Asset Management Company Limited | 220068 | Financial Services | Active |
| ZE Transaction Solutions Ltd | 250031 | Financial Services | Active |
| Zilla Capital for Investments Ltd | 190041 | Financial Services | Active |
| Zodia Markets (AME) Limited | 220132 | Financial Services | Active |
DFSA Regulated Firms by Licence Type
The Dubai International Financial Centre (DIFC) is the older and more established of the UAE's two major international financial centers. Its Dubai Financial Services Authority (DFSA) regulatory framework is widely recognized as one of the most rigorous in the region, attracting firms that require credibility with institutional investors.
| Licence Type | Firms |
|---|---|
| Category 3A | 12 |
| Category 1 | 8 |
| Category 3C | 5 |
DFSA Regulated Firms
| Firm | DFSA Ref | Licence | Status |
|---|---|---|---|
| Al Mal Capital PSC | CL-0018 | Category 3A | Active |
| Arqaam Capital Limited | CL-0021 | Category 3A | Active |
| Barclays Bank PLC - DIFC Branch | CL-0008 | Category 1 | Active |
| BlackRock Advisors (UK) Limited - DIFC Branch | CL-0001 | Category 3C | Active |
| BNP Paribas - DIFC Branch | CL-0010 | Category 1 | Active |
| Citibank N.A. - DIFC Branch | CL-0007 | Category 1 | Active |
| Credit Suisse AG - DIFC Branch | CL-0024 | Category 3A | Active |
| Deutsche Bank AG - DIFC Branch | CL-0009 | Category 1 | Active |
| Emirates NBD Capital Limited | CL-0020 | Category 3A | Active |
| Fidelity International - DIFC Branch | CL-0011 | Category 3C | Active |
| Franklin Templeton Investments (ME) Limited | CL-0012 | Category 3C | Active |
| Goldman Sachs International - DIFC Branch | CL-0002 | Category 3A | Active |
| HSBC Bank Middle East Limited | CL-0005 | Category 1 | Active |
| Invesco Asset Management - DIFC Branch | CL-0014 | Category 3C | Active |
| Investcorp Capital Limited | CL-0017 | Category 3A | Active |
| JPMorgan Chase Bank N.A. - DIFC Branch | CL-0003 | Category 1 | Active |
| Mashreqbank psc - DIFC Branch | CL-0015 | Category 1 | Active |
| Merrill Lynch International - DIFC Branch | CL-0022 | Category 3A | Active |
| Morgan Stanley & Co International plc - DIFC Branch | CL-0004 | Category 3A | Active |
| Nomura International plc - DIFC Branch | CL-0025 | Category 3A | Active |
| Schroders Investment Management - DIFC Branch | CL-0013 | Category 3C | Active |
| Shuaa Capital psc | CL-0019 | Category 3A | Active |
| Standard Chartered Bank - DIFC Branch | CL-0006 | Category 1 | Active |
| UBS AG - DIFC Branch | CL-0023 | Category 3A | Active |
| Waha Capital Markets Limited | CL-0016 | Category 3A | Active |
ADGM Entity Registrations by Type
| Entity Type | Count |
|---|---|
| Qualified Investor Fund | 159 |
| Exempt Fund | 78 |
| 21 | |
| Public Fund | 6 |
Recent ADGM Entity Registrations
| Entity | Type | File Number | Formation Date | Status |
|---|---|---|---|---|
| CENTURY INDIA OPPORTUNITY FUND PC | N/A | Active | ||
| ChimFin I PE Fund L.P. | Qualified Investor Fund | F-0082 | N/A | Active |
| Clean Mining PC | Exempt Fund | F-0090B | N/A | Active |
| Cohesion Best Ideas (ME) (OEIC) PCC Ltd | Qualified Investor Fund | F-0106 | N/A | Active |
| FTSE ADS Saudi Minimum Variance Fund OEIC IC | Public Fund | F-0009A | N/A | Active |
| Further Fund II LP | Qualified Investor Fund | F-0222 | N/A | Active |
| Masdar Green REIT (CEIC) Limited | Qualified Investor Fund | F-0050 | N/A | Withdrawn |
| McKinley Capital MEASA Fund OEIC | Qualified Investor Fund | F-0008 | N/A | Active |
| Rakiza AIV Fund I LP | Qualified Investor Fund | F-0087 | N/A | Active |
| Realize T-Bills Fund (OEIC) Ltd | Exempt Fund | F-0126 | N/A | Withdrawn |
| Ruya Co-Investment I LP | Qualified Investor Fund | F-0180 | N/A | Active |
| Ruya Private Capital I LP | Qualified Investor Fund | F-0091 | N/A | Active |
| Shuaa Funds OEIC ICC Ltd | Qualified Investor Fund | F-0033 | N/A | Active |
| Salica Oryx Fund LP | F-0029 | N/A | Withdrawn | |
| Venturerock Global CEIC Limited | Exempt Fund | F-0102 | N/A | Active |
| Abrdn Investcorp Infrastructure Partners (ME) LP | Qualified Investor Fund | F-0080 | N/A | Active |
| ADGM Catalyst Fund LP | Qualified Investor Fund | F-0023 | N/A | Active |
| ADGM Catalyst Fund Two LP | Qualified Investor Fund | F-0025 | N/A | Active |
| 100Unicorns Global Fund LP | Qualified Investor Fund | F-0138 | N/A | Active |
| ADSI Global Equity Fund OEIC LTD | Exempt Fund | F-0014 | N/A | Withdrawn |
| AAS Absolute Return Fund PC | Exempt Fund | F-0200A | N/A | Active |
| Access Bridge Ventures Fund LP | Exempt Fund | F-0030 | N/A | Active |
| ACMF Steady Return Fund (OEIC) Ltd | Qualified Investor Fund | F-0129 | N/A | Active |
| Actual Deeptech Fund I LP | Qualified Investor Fund | F-0151 | N/A | Active |
| ADIB European Logistics Fund I (CEIC) Limited | N/A | Active | ||
| ADIB Islamic Leasing and Opportunities Fund CEIC Limited | N/A | Active | ||
| ADIM Continuous Distribution (OEIC) Limited | Qualified Investor Fund | F-0017 | N/A | Withdrawn |
| ADIM MENA Absolute Fund (OEIC) Ltd | Qualified Investor Fund | F-0022 | N/A | Withdrawn |
| ADS Eurasian Investment Fund LP | Qualified Investor Fund | F-0013 | N/A | Withdrawn |
| ADS Smart Funds OEIC ICC Limited [QIF until 28/08/2022] | Public Fund | F-0009 | N/A | Active |
| ADSI Global Fixed Income Fund OEIC LTD | Exempt Fund | F-0015 | N/A | Withdrawn |
| AFRICA TRANSFORMATION AND INDUSTRIALIZATION FUND LIMITED PARTNERSHIP | Exempt Fund | F-0056 | N/A | Withdrawn |
| Agartha Fund LP | Qualified Investor Fund | F-0016 | N/A | Withdrawn |
| Al Dhabi Capital Global Shariah Fund (OEIC) Ltd | N/A | Active | ||
| Al Dhabi Capital Global Shariah Fund (OEIC) Ltd | Exempt Fund | F-0199 | N/A | Active |
| Aliph Fund I LP | Qualified Investor Fund | F-0073 | N/A | Active |
| Alkhair Capital Healthcare Sector Fund (OEIC Ltd) | N/A | Active | ||
| Allied Defense Fund LP. | Qualified Investor Fund | F-0175 | N/A | Active |
| Alpha Wave Incubation LP | Qualified Investor Fund | F-0028 | N/A | Active |
| Alterra Acceleration LP | Qualified Investor Fund | F-0116 | N/A | Active |
| Alterra Transformation LP | Qualified Investor Fund | F-0117 | N/A | Active |
| Altnovel Capital OEIC (PCC) Limited | Exempt Fund | F-0165 | N/A | Active |
| AltNovel Digital Access Fund PC | Exempt Fund | F-0165A | N/A | Active |
| Altus Absolute Return Fund (OEIC) Ltd | Qualified Investor Fund | F-0076 | N/A | Active |
| Altus Absolute Return Master Fund (OEIC) Ltd | Qualified Investor Fund | F-0075 | N/A | Active |
| Amplify Growth Fund I LP | N/A | Active | ||
| Anamcara Fund I LP | Exempt Fund | F-0047 | N/A | Active |
| Anamcara Fund II L.P. | Exempt Fund | F-0172 | N/A | Active |
| Antler MENAP Fund LP | Qualified Investor Fund | F-0108 | N/A | Active |
| Aequitas India Fund OEIC Ltd | N/A | Withdrawn |
The Gulf as a Fund Management Hub
The Gulf region has transformed from a source of sovereign capital into a significant fund management center in its own right. Abu Dhabi and Dubai have invested heavily in regulatory infrastructure, talent attraction, and physical infrastructure to position themselves as global financial centers. For private equity and alternative asset managers, establishing a regulated presence in the Gulf provides access to one of the world's largest pools of institutional capital.
The competition between ADGM and DIFC has been productive for the industry, driving both centers to improve their regulatory frameworks, reduce licensing timelines, and offer increasingly competitive terms for fund managers. ADGM has been particularly aggressive in attracting alternative asset managers with its flexible fund structuring options and English common law legal framework. DIFC, with its longer track record and larger critical mass of firms, remains the preferred choice for many established managers.
For GP stakes investors, the Gulf fund management ecosystem represents both a source of LP capital and a growing universe of potential investment targets. Several Gulf-based managers have scaled to sizes that make them attractive GP stakes candidates, and the region's growth trajectory suggests more will reach institutional scale in the coming years. Understanding the regulatory landscape and firm universe in ADGM and DIFC is essential for anyone seeking to participate in this market.
Methodology
ADGM firm data is sourced from the FSRA public register. DFSA firm data is sourced from the DFSA public register. Entity registration data is from the ADGM Registration Authority. All data reflects the most recently available public records. Firm status and licence categories are as reported by the respective regulators. This directory covers regulated firms and registered entities only; unregulated activities in free zones and onshore UAE are not captured.
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