The Abu Dhabi Global Market (ADGM) announced that the Dalio Family Office (DFO) has launched a regional office in Abu Dhabi.
The Abu Dhabi Dalio Family Office will be led by a team of professionals working closely with the family to help with global investment and philanthropic strategies.
Along with offices already established in the US and Singapore, the Abu Dhabi outpost of the family office oversees a range of activities, including Dalio family investments and philanthropic efforts, and especially strategic partnerships around common interest areas such as ocean exploration.
Ray Dalio, founder of investment firm Bridgewater Associates, has decades-long relationships with the UAE and with other clients and partners in the region.
Dalio said: “I have had more than 30 years of meaningful work and meaningful relationships with the people and leadership in Abu Dhabi which has led me to like and admire them greatly. Abu Dhabi is also becoming a hub for many exciting developments in the region, including across the UAE and in Saudi Arabia. For these reasons, I am thrilled to make Abu Dhabi a home for the Dalio Family Office.”
