Today's Edition
A. SREENIVASA REDDY (ABU DHABI)
Two distinct companies — Madison Realty Capital, a real estate private credit player, and Polygreen, a circular economy and environmental solutions group — have opened their businesses at ADGM, the international financial centre of Abu Dhabi.
The two companies announced their respective decisions and outlined their strategic agendas for the UAE and the wider region in separate media releases.
Madison Realty Capital, which received Financial Services Permission from the Financial Services Regulatory Authority of ADGM, said the office will serve as a strategic hub to support both existing and new investors across the GCC.
Siddarth Dalamal has been appointed Managing Director in Investor Relations to lead the firm’s Middle East coverage, reporting to Managing Principal Adam Tantleff.
Adam Tantleff said: “Madison Realty Capital has more than a decade of experience working with investors in the Middle East and we are thrilled to deepen our commitment to the region by opening an office in Abu Dhabi. The launch of our ADGM office marks an important accomplishment in the evolution of our firm as we continue to identify new opportunities to serve our investors while expanding our global investor base.”
He added that Siddarth “brings deep relationships with sovereign wealth funds, pension funds, family offices, and other institutional investors in the Middle East.”
Dalamal said: “The Middle East is home to one of the most sophisticated and forward-looking investor communities globally, and I have been fortunate to build deep relationships across the region throughout my career. For more than two decades, Madison has established itself as a leader in real estate private credit, and I am excited to help expand the firm’s regional presence and contribute to its continued success.”
Arvind Ramamurthy, Chief Market Development Officer at ADGM, said Madison’s presence “further strengthens ADGM’s position as a leading global hub for alternative investments and private capital,” adding that ADGM provides an enabling environment for the firm to expand its regional footprint.
Madison Realty Capital is a real estate private credit manager focused on US-based commercial real estate lending strategies.
As of June 30, 2025, it manages $23 billion in assets on behalf of a global institutional investor base and has completed $70 billion of real estate credit transactions since 2004.
Separately, Polygreen announced the establishment of Polygreen Holding in ADGM as its regional holding platform for the UAE. The move marks a strategic milestone in the group’s regional growth and long-term commitment to the UAE’s sustainability, circular economy and green investment agenda.
Polygreen has also signed the Abu Dhabi Sustainable Finance Declaration, aligning its regional investment strategy with ADGM’s ESG principles and the UAE’s Net Zero 2050 Strategy.
Polygreen is an international group with established operations in Europe and a growing footprint in the Middle East. Through Polygreen Holding in ADGM, the group will lead and consolidate its UAE investments and future regional developments, supporting scalable circular economy infrastructure and impact-driven projects across the region.
In the UAE, Polygreen’s operational portfolio includes Evogreen, which delivers hazardous waste recycling, environmental remediation and marine emergency response services; “Again, Please”, a large-scale reusability systems platform replacing single-use packaging; and Polygreen International DMCC, which focuses on environmental remediation and marine emergency response across the wider Middle East .
Athanasios Polychronopoulos, Chairman and CEO of Polygreen, said: “The UAE has positioned itself as a global leader in sustainability and green finance.
Establishing Polygreen Holding in ADGM allows us to structure and scale our regional investments from a world-class financial centre, mobilising partnerships and capital to deliver circular economy solutions across the UAE and the wider Middle East.”
He added: “Signing the Abu Dhabi Sustainable Finance Declaration reinforces our belief that sustainability and financial discipline must go hand in hand. Circular economy is not an aspiration for Polygreen — it is our operating model and our long-term regional growth strategy.”
With its regional holding structure now established in ADGM, Polygreen said it plans to scale circular infrastructure across Abu Dhabi, Dubai and the Northern Emirates.
