Abu Dhabi Catalyst Partners (ADCP), a joint venture between Mubadala Capital and Alpha Wave Global established to promote the growth and development of Abu Dhabi Global Market, has announced a strategic partnership with Bain Capital’s latest flagship private equity fund.

Founded in 1984, Bain Capital has built a 40-year track record as a pioneer in institutional private investing, managing over $205 billion across multiple asset classes and geographies. 

The firm invests across four core sectors - Healthcare, Industrials, Technology, and Financial & Business Services - driving operational improvements to unlock transformational change.

ADCP's investment reflects its strategy of backing world-class asset managers with exceptional track records. The partnership supports Bain Capital’s broader strategy in the Middle East, which includes capital formation, scaling portfolio companies across sectors such as infrastructure, healthcare and technology, and evaluating selective co-investment opportunities in the region.

Maxime Franzetti and Fatima Al Noaimi, the co-heads of Mubadala Capital Solutions, said: "Bain Capital has built a top-tier investment platform on a strong heritage of private equity investing, with a proven track record of performance across market cycles. We're pleased to support their growing presence in the region as they pursue compelling opportunities that align with our vision for ADGM's development."

David Gross, Bain Capital Managing Partner, said: "We see tremendous opportunity in the region, and are excited to work alongside ADCP, who shares our long-term approach to value creation. We are looking forward to a productive partnership ahead."

The partnership adds a global investment firm with specialized sector capabilities and cross-border deal execution expertise to the ADCP portfolio, further strengthening Abu Dhabi's position as a hub for world-class alternative asset management.