UAE - Mubasher:  Adams Street Partners, an American private equity firm, has opened its office in Abu Dhabi, marking its entry into the GCC region, according to a press release.

Located in Abu Dhabi Global Market (ADGM), the new office will boost the group’s relationships across the GCC and support its growing investors and strategic partners.

Meanwhile, Leila Kaissi will lead the Abu Dhabi office, as she will focus on developing and deepening institutional client and consultant relationships across the region.

Having joined the firm as a Principal, Investor Relations, Kaissi commented: “GCC investors are eager to access investments in global venture capital, growth equity, buyout and private credit markets.”

She added: “Adams Street has a long and successful history delivering innovative investment opportunities in these areas. I look forward to building on the strong demand in the region and deepening our existing relationships.”

John Kremer, Partner & Head of Investor Relations (EMEA), highlighted: “The GCC is strategically important to Adams Street’s global business objectives and a presence there will allow us to better serve our existing clients, strengthen client relationships, and capitalize on significant opportunities to match our ambitions in the region.”

Arvind Ramamurthy, Chief Market Development Officer at ADGM, said: “We are pleased to welcome Adams Street to ADGM’s vibrant and expanding ecosystem and look forward to seeing their growth strategy unfold in Abu Dhabi and the region.”

Headquartered in Chicago, Adams Street has more than $62 billion in assets under management (AUM).