Investments
50Portfolio Exits
10Partners & Customers
2Service Providers
1About Abu Dhabi Investment Authority
Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund. The firm carries out its investment program independently and without reference from the Government of Abu Dhabi. ADIA funding sources derive from oil, especially from the Abu Dhabi National Oil Company (ADNOC). The fund manages a diversified global investment portfolio across more than two dozen asset classes and sub-categories that includes quoted equities, fixed income, real estate, private equity, alternatives, and infrastructure. It was founded in 1976 and is based in Abu Dhabi, UAE.

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Latest Abu Dhabi Investment Authority News
Jun 2, 2023
Dechra Pharmaceuticals The board of Dechra has accepted a bid by Swedish private equity fund EQT and Luxinva, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, which values the Cheshire-headquartered veterinary supplies business at £4.45 billion. The accepted offer price is less than EQT first bid for the business, but recent stocking issues in the US and the UK have hit the expected prospects. The bid implies an enterprise value of £4,882 million and a multiple of approximately 25.9 times Dechra’s EBITDA for the twelve months ended 31 December 2022 of £188 million. EQT was formed by trustees of the Wallenberg family, one of Europe’s most powerful banking and industrial dynasties. In a joint statement to the stock market this morning EQT said it believes it is “well positioned to support Dechra’s next phase of growth by virtue of its insights and understanding developed from existing and former investments across the animal health value chain. EQT has a strong track record of deploying capital and expertise into growth-orientated businesses and supporting their management teams in achieving their strategic ambitions.” Dechra, which floated in 2000, will leave the stock market on completion of the deal and the new owners will continue to look for acquisition opportunities or “inorganic opportunities”. The owners add: “Dechra is better able to achieve its growth potential as a private company than as a public company.” The new owners also pledge to support Dechra’s “strong management team”. Dechra was formed 26 years ago and is listed on the London Stock Exchange’s Main Market in the Premium segment. Elizabeth Alison Platt, the Chair of Dechra, said: “Since IPO in 2000, the successful pursuit of our growth strategy under Ian Page’s leadership has seen Dechra develop from a specialist UK only veterinary distribution business into a global veterinary pharmaceuticals and related products business, ranked seventh globally by revenues, with operations in 26 countries and over 2,400 employees. Dechra is now recognised as a global leader in therapeutic areas such as endocrinology and topical dermatology, as well as being an innovator in specialisations such as the treatment of equine lameness and differentiated generics. “The Dechra Board considers EQT, together with ADIA, to be highly experienced investors with a strong sector understanding who will, we believe, prove to be responsible and supportive owners of Dechra and who can build on this legacy and further accelerate the Dechra Group’s growth. As such, it is our view that accepting this proposal represents the best interests of all stakeholders and in particular represents a compelling opportunity for shareholders to realise, in cash and with certainty, Dechra’s potential for future value creation.” Anthony Santospirito, Partner in the EQT Private Equity advisory team, said: “Dechra is a high-quality, innovative business founded in the UK with an impressive global footprint. With medical innovation accelerating and pet ownership increasing, the animal health sector is expected to benefit from long-term growth and we believe Dechra is well positioned to participate in this significant opportunity. “We plan to support Dechra’s talented management team accelerating their business strategy and long-term growth in an increasingly competitive environment by providing, where needed, additional investment in its innovative pipeline and further supporting global expansion. We believe that private ownership will enable Dechra’s management team to take a longer-term view as it focuses on accelerating growth.” Swedish investor EQT manages EUR 119 billion in fee-generating assets across private equity, infrastructure and real estate and has investment advisory teams based in offices in 20 countries across the UK, Europe, Asia Pacific and the Americas and claims a “distinctly Scandinavian approach to doing business”. Luxinva is a wholly-owned indirect subsidiary of the Abu Dhabi Investment Authority formed for the benefit of the Emirate of Abu Dhabi. It manages a substantial global diversified portfolio of investments, with assets under management in excess of US$100 billion. Click here to sign up to receive our new South West business news... Previous Article
Abu Dhabi Investment Authority Investments
50 Investments
Abu Dhabi Investment Authority has made 50 investments. Their latest investment was in Purplle as part of their Secondary Market on May 5, 2023.

Abu Dhabi Investment Authority Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/24/2023 | Secondary Market | Purplle | $50M | Yes | 3 | |
3/16/2023 | Series J - III | Lenskart | $500M | Yes | 4 | |
3/3/2023 | Unattributed - IV | Greenko | $700M | No | 3 | |
1/19/2023 | Series C | |||||
10/21/2022 | PIPE - II |
Date | 5/24/2023 | 3/16/2023 | 3/3/2023 | 1/19/2023 | 10/21/2022 |
---|---|---|---|---|---|
Round | Secondary Market | Series J - III | Unattributed - IV | Series C | PIPE - II |
Company | Purplle | Lenskart | Greenko | ||
Amount | $50M | $500M | $700M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 3 | 4 | 3 |
Abu Dhabi Investment Authority Portfolio Exits
10 Portfolio Exits
Abu Dhabi Investment Authority has 10 portfolio exits. Their latest portfolio exit was GoTo on April 11, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
4/11/2022 | IPO | Public | 4 | ||
11/18/2021 | IPO | Public | 1 | ||
8/23/2021 | Reverse Merger | 10 | |||
Date | 4/11/2022 | 11/18/2021 | 8/23/2021 | ||
---|---|---|---|---|---|
Exit | IPO | IPO | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | Public | |||
Sources | 4 | 1 | 10 |
Abu Dhabi Investment Authority Acquisitions
16 Acquisitions
Abu Dhabi Investment Authority acquired 16 companies. Their latest acquisition was Zendesk on November 22, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
11/22/2022 | Series D | $100.5M | Take Private | 6 | ||
6/29/2022 | Private Equity | Acq - Fin | 1 | |||
3/1/2022 | Other | $2,486.09M | Take Private | 7 | ||
1/20/2022 | Private Equity | |||||
1/20/2022 |
Date | 11/22/2022 | 6/29/2022 | 3/1/2022 | 1/20/2022 | 1/20/2022 |
---|---|---|---|---|---|
Investment Stage | Series D | Private Equity | Other | Private Equity | |
Companies | |||||
Valuation | |||||
Total Funding | $100.5M | $2,486.09M | |||
Note | Take Private | Acq - Fin | Take Private | ||
Sources | 6 | 1 | 7 |
Abu Dhabi Investment Authority Partners & Customers
2 Partners and customers
Abu Dhabi Investment Authority has 2 strategic partners and customers. Abu Dhabi Investment Authority recently partnered with AGL Credit Management on March 3, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/20/2019 | Vendor | United States | 1 | ||
4/30/2015 | Partner |
Date | 3/20/2019 | 4/30/2015 |
---|---|---|
Type | Vendor | Partner |
Business Partner | ||
Country | United States | |
News Snippet | ||
Sources | 1 |
Abu Dhabi Investment Authority Service Providers
1 Service Provider
Abu Dhabi Investment Authority has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel |
Service Provider | |
---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type |
Partnership data by VentureSource
Abu Dhabi Investment Authority Team
7 Team Members
Abu Dhabi Investment Authority has 7 team members, including current Founder, Chief Operating Officer, Sarika Periwal.
Name | Work History | Title | Status |
---|---|---|---|
Sarika Periwal | Founder, Chief Operating Officer | Current | |
Name | Sarika Periwal | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Chief Operating Officer | ||||
Status | Current |
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