2025 Review

Mission

ADIA’s mission is to sustain the long-term prosperity of Abu Dhabi by prudently growing capital through a disciplined investment process and committed people who reflect ADIA’s cultural values.

Letter from
Hamed bin Zayed Al Nahyan

The defining theme of global markets in 2025 was a return to breadth and balance, in which the technology-driven gains of recent years evolved into a broader rally across asset classes. With inflation steadily moderating and a gradual transition toward more accommodative monetary policy, investors were presented with a supportive backdrop and a deeper pool of attractive opportunities.

Long-Term Strategy Portfolio

Portfolio by Asset Class*

* The above denotes long-term strategy portfolio ranges within which allocations can fluctuate; hence, they do not total 100%.

* In 2025, the following allocation range changes were made:
Financial Alternatives increased from 5%-10% to 7%-12%
Private Equity increased from 12%-17% to 15%-20%
Real Estate declined from 5%-10% to 2%-7%

Minimum Maximum

Portfolio by Geography

North America

45MIN%
60MAX%

Europe

15MIN%
30MAX%

Emerging Markets

10MIN%
20MAX%

Developed Asia

5MIN%
10MAX%

Investments

ADIA has a highly diversified portfolio that spans geographies, asset classes, and asset types, with the objective of generating consistent, long-term returns throughout market cycles.

Equities

Fixed Income

Financial Alternatives

Private Equity

Real Estate

Infrastructure

Operational Review

Over the past decade, ADIA has prioritised agility and embraced uncertainty as an inherent feature of the investing landscape.

This has led to a clear emphasis on ADIA as a unified entity rather than as a collection of individual components, while retaining the breadth of perspectives, expertise, and activities offered by its investment departments.

In each issue of the ADIA Review, we highlight some of the initiatives from the past year that demonstrate this way of thinking in action.

Articles

Optimising ADIA’s Global
Partnerships

ADIA Lab’s Educational
Footprint

Governance

ADIA has robust governance standards with clearly defined roles and responsibilities that ensure accountability.

For further details regarding ADIA's governance, please visit the ADIA website: www.adia.ae/en/investments/governance

Board of
Directors

Investment
Committee

2025 Review

Download the full 2025 Review PDF. It contains the annual overview of all our activities and performance, including our Managing Director’s Letter, Operational Review and more detailed breakdowns by asset class.

Download PDF