MOHAMMAD GHAZAL (ABU DHABI)

Abu Dhabi’s Mubadala, ADIA and ADQ were collectively the largest and lead investor globally in 2023 with a total global investment of $36.5 billion, according to a report by Global SWF, which tracks the world’s sovereign investment funds.

The three funds’ investments accounted for 29% of the $123.8 billion for all sovereign wealth funds in 2023, according to the report.

Abu Dhabi’s three funds were classified among the top 10 most active dealmakers globally, according to the report, which indicated that global investments do not include domestic developments or transfers from government and it refers to sizeable private market transactions.

Global investments by Mubadala reached $17.5 billion in 2023, while the global investments by ADIA hit $13.2 billion and investments by ADQ amounted to $5.8 billion, according to the report.

Global investments by Saudi Arabia’s Public Investment Fund reached $31.6 billion, Singapore’s GIC invested $19.9 billion, while investments by Canada’s CPP hit $9.4 billion in 2023 and global investments by Canada’s BCI fund amounted to $7.3 billion.