Abu dhabi: The Abu Dhabi Investment Office (ADIO) today announced a strategic partnership with the global private investment firm, Bain Capital, to assist the firm’s regional expansion and launch the Fintech, Insurance, Digital and Alternative Assets (FIDA) cluster.

According to Emirates News Agency, the announcement was made during Abu Dhabi Finance Week 2025, highlighting the FIDA cluster’s role in advancing financial infrastructure in areas including fintech, alternative investments, digital assets, and SME capital platforms.

FIDA is expected to make a significant economic impact, adding AED56 billion to direct GDP, creating 8,000 skilled jobs, and attracting AED17 billion in investments. Bain Capital, with over 40 years of experience in managing diverse investment portfolios, will leverage its expertise to support the FIDA cluster’s development.

The partnership aims to establish alternative investment platforms in Abu Dhabi, enhancing the local asset management ecosystem to facilitate regional capital deployment. ADIO and Bain Capital will engage in co-investment opportunities, collaborating with local partners and sovereign entities to fund transformative projects.

The collaboration will also focus on developing financial talent by aligning with FIDA’s objectives for research and skills training in alternative investments and risk management. This initiative ensures that financial expertise is nurtured within Abu Dhabi’s financial ecosystem.

Badr Al Olama, Director-General of ADIO, emphasized the partnership’s role in creating financial innovation channels and providing global investors with a stable base in Abu Dhabi. David Gross, Co-Managing Partner at Bain Capital, praised Abu Dhabi’s strategic advantages and expressed eagerness to identify investment opportunities with ADIO.

The FIDA cluster complements Abu Dhabi’s broader economic diversification strategy, joining other clusters such as SAVI, AGWA, and HELM in promoting a knowledge-driven, innovation-led economy.