Abu Dhabi’s ADQ Plots Next Act After Assets Double in Four Years

Sovereign wealth fund ADQ has more than doubled assets in four years, boasting a portfolio that spans everything from a stake in auction house Sotheby’s to Abu Dhabi’s flagship airline. From a high-rise in the heart of the city, executives are plotting ways to capitalize on that momentum.

Over a period that included a pandemic, two US elections and a surge of interest in artificial intelligence, the $251 billion ADQ emerged as one of the world’s fastest-growing wealth funds. Now, amid a trade war that’s seen some investors look for opportunities amid market dislocations, ADQ Chief Executive Officer Mohamed Hassan Alsuwaidi is preaching the virtues of patience. ...