Seviora Group, a significant player in the asset management industry, has officially opened its first office in the Middle East, strategically located in the Abu Dhabi Global Market (ADGM). This milestone, celebrated on March 24, 2025, marks a key step in Seviora's international expansion, emphasizing the increasing importance of the Middle East in the firm’s growth plans.
Owned by Temasek Holdings, Seviora Group is a significant entity in the asset management sector, boasting an impressive $54 billion in assets under management. With existing offices in financial hubs like Singapore, India, China, and Indonesia, the Abu Dhabi office aims to enhance Seviora's reach and strengthen its ties with regional investors, asset managers, and financial institutions.
"As we continue to scale up Seviora’s presence, we’re embarking on several partnerships to drive interest into Asia and beyond. The opening of our new office in Abu Dhabi marks a major step in our international expansion and highlights the strategic importance of the Middle East in our growth plans," said Jimmy Phoon, CEO of Seviora Group. His vision reflects the firm's commitment to deepening relationships and facilitating bespoke investment opportunities tailored to the needs of diverse clients, including sovereign wealth funds and pension funds.
The investment capacities of Seviora span private credit, private equity, liquid and semi-liquid strategies, as well as traditional active and liquidity management solutions. This variety enables the firm to cater effectively to a broad spectrum of investors and financial institutions seeking unique investment opportunities within Asia's dynamic markets.
Under the leadership of Sadiq Hussain, who has been appointed as the senior executive officer for the Abu Dhabi office, Seviora is poised for substantial growth in the region. Hussain's background in global asset management and investment banking equips him with the expertise necessary to navigate capital markets and regional investment strategies effectively.
"Seviora’s expansion into Abu Dhabi is a critical component in its growth trajectory and engagement with the region. ADGM offers a world-class environment that fosters innovation, investment and financial services pedigree, and long-term value creation. I look forward to driving our regional strategy and deepening our engagement with institutional investors," Hussain stated. His comments underscore the anticipated impact of the Abu Dhabi office on Seviora's operational strategy and its engagement with local stakeholders.
The Abu Dhabi office not only complements Seviora’s existing locations but also propels the firm’s ambitions to be viewed as a gateway to Asia's investment opportunities. The firm prides itself on providing extensive investment solutions that align with evolving market dynamics.
With over 210 multi-disciplinary investment professionals working across five asset management companies, Seviora Group embodies a blend of experience and innovation. Each team member contributes to a deep reservoir of knowledge, aimed at delivering tailored solutions and outcomes aligned with client goals.
This new venture signifies a commitment to addressing the rapidly shifting needs of investors in the Middle East, where financial interests are evolving at an unprecedented pace. By actively investing its own capital alongside its clients, Seviora intends to ensure that all parties are aligned on investment outcomes, thereby fostering deeper, more effective partnerships.
The establishment of the Abu Dhabi office is more than just a geographic diversification; it marks a calculated move to embed Seviora deeper within a critical region of the global financial ecosystem. As such, it is anticipated that the new office will become instrumental in connecting investors with the myriad opportunities present in Asia and beyond.
Through strategic partnerships and dedicated engagement efforts, Seviora aims to contribute robustly to the financial landscape of the Middle East while paving the way for further successful collaborations with local investors. The firm, led by experienced professionals like Phoon and Hussain, is set to make significant strides in expanding its influence and productivity within key markets.
