Seviora Group has set up a Middle East office in the ADGM (Abu Dhabi Global Market). Sadiq Hussain, appointed as senior executive officer in Abu Dhabi, will lead Seviora’s initiatives and growth in the region.
The new office, coupled with Seviora’s existing offices in Singapore, India, China and Indonesia, will contribute to the expansion of the company in Asia and beyond, allowing it to “better develop and offer bespoke investment solutions, co-investment opportunities and strategic partnerships to sovereign wealth funds, pension funds, global banks and family offices,” according to a statement by the asset manager.
The Temasek-owned asset management group, headquartered in Singapore, has $54bn of AUM, as of 31 December 2024.
Hussain, as Seviora’s senior executive officer for its Abu Dhabi Office, has experience at leading financial institutions and strong network within the Middle East, said the statement.
Jimmy Phoon, CEO of Seviora Group, commented: “As we continue to scale up Seviora’s presence, we’re embarking on several partnerships to drive interest into Asia and beyond. The opening of our new office in Abu Dhabi marks a major step in our international expansion and highlights the strategic importance of the Middle East in our growth plans.”
Sadiq Hussain, senior executive officer at Seviora Middle East, added: “Seviora’s expansion into Abu Dhabi is a critical component in its growth trajectory and engagement with the region.”
Arvind Ramamurthy, chief market development officer at ADGM, said: “Seviora’s establishment of its regional headquarters in ADGM reflects our growing international appeal and the continued expansion of our global network.
