Sovereign Funds
L'IMAD Holding Company
United Arab Emirates · Government of Abu Dhabi
A sovereign investment platform of the Abu Dhabi Government, chaired by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, with Jassem Mohamed Bu Ataba Al Zaabi as managing director and CEO. Under a January 2026 resolution of the Supreme Council for Financial and Economic Affairs, ADQ's assets and investments were consolidated under L'IMAD, which the council lists alongside ADIA and Mubadala as Abu Dhabi's principal sovereign investment funds. Its holdings include TAQA, Modon Properties, Etihad Airways, PureHealth, Etihad Rail, Wio Bank, AD Ports, McLaren and Louis Dreyfus. Bloomberg reported on 29 September 2026, citing people familiar with the matter, that its unit L'imad Capital is being shaped into a global vehicle to back private equity and other funds and invest directly, and is preparing to raise money from outside investors.
Mandate: Mandated to support sustainable economic growth, diversify revenue sources and achieve optimal investment returns for Abu Dhabi.
Verified · updated 25 Oct 2026
Key facts
$300 bn
Estimated assets (third-party estimate)
Measure as printed: “wealth fund”
Bloomberg· Tier 2 · reputable press·as of 29 Sep 2026(estimate)·source dated 29 Sep 2026·updated 25 Oct 2026·About this indicator
Ownership and relationships
- sole owner ofADQAD Ports Group · as of 17 Aug 2026 ↗
- majority shareholder ofModon Holding· 84.75%
Modon Holding — FY2025 results release (18 Feb 2026, ADX) ↗·as of 18 Feb 2026·source dated 18 Feb 2026·updated 24 Oct 2026
- owner (portfolio company) ofEtihad AirwaysAbu Dhabi Media Office · as of 30 Jan 2026 ↗
- ultimate owner of (via ADQ and Abu Dhabi Power Corporation)TAQA· 100%
TAQA — ADX disclosure of 26 August 2026: Board resolutions on delisting (squeeze-out completed) ↗·as of 13 Aug 2026·source dated 26 Aug 2026·updated 20 Oct 2026
- Chairman:Khaled bin Mohamed bin Zayed Al NahyanAbu Dhabi Media Office · source dated 12 Jan 2026 ↗
- Managing Director & CEO:Jassem Mohamed Bu Ataba Al ZaabiAbu Dhabi Media Office · source dated 12 Jan 2026 ↗
Key people
- Jassem Mohamed Bu Ataba Al Zaabi · Managing Director & CEO, L'IMAD Holding Company; Chairman, Etisalat Group; Chairman, TAQA; Chairman, Modon Holding
- Khaled bin Mohamed bin Zayed Al Nahyan · Crown Prince of Abu Dhabi; Chairman, L'IMAD Holding Company
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Sources
- Bloomberg · bloomberg.com · Tier 2 · reputable press