The firm, which oversees $25 billion in assets, has been active in the United Arab Emirates for two decades.

Ardian, the private investment house, is opening an office in Abu Dhabi, United Arab Emirates.

The inauguration was attended by the French Minister of the Economy and Finance, Bruno Le Maire, his Excellency Khaldoon Khalifa Al Mubarak, MD and group chief executive of Mubadala Investment Company, and Hamad Al Dhaheri, global head of private equity of Abu Dhabi Investment Authority.

The firm’s team in Abu Dhabi will serve its large base of local and regional investors and support its growing range of portfolio companies expanding into the region.

Ardian, which has been active in the UAE for two decades, is responsible for $25 billion of AuM from more than 60 investors and $8 billion of capital deployed in the region. It is the group's 16th office globally.