Macro Hedge Fund Deem Raised $1 Billion From Abu Dhabi’s ADIC
Bloomberg 2026-07-10 12:48:36
Context: Asfandyar Nadeem's macro hedge fund, Deem, has secured a significant investment of $1 billion from the Abu Dhabi Investment Company (ADIC), a prominent investor in the Gulf region. This substantial influx of capital comes at a time when there is a growing appetite for macro strategies in the hedge fund industry. The investment is also part of Abu Dhabi's broader effort to establish itself as a major supporter of the financial sector.
Key Facts
- Asfandyar Nadeem's hedge fund, Deem, has received approximately $1 billion in new capital from the Abu Dhabi Investment Company (ADIC), a key investor in the Gulf region.
- The investment in Deem comes amid a surge in appetite for macro strategies, which are a type of hedge fund approach that focuses on making bets on macroeconomic trends and market movements.
- The Abu Dhabi Investment Company (ADIC) is playing a significant role in the investment, as part of the Gulf city's drive to become a major backer of the hedge fund industry and a key player in the global financial sector.