Maples and Calder has worked with Abu Dhabi Global Investors (ADGI) to obtain Central Bank investment manager authorisation for Irish UCITS (undertakings for collective investments in transferable securities).

The investment management group at the law firm worked on the Central Bank approval for ADGI to act as an investment manager to Irish-authorised Collective Investment Schemes.

Investment management group head Peter Stapleton said "We are delighted to have collaborated with ADGI on this notable milestone in becoming the first Abu Dhabi-domiciled and Abu Dhabi Global Market (ADGM)-regulated investment manager to obtain approval to manage Irish authorised Collective Investment Schemes and we look forward to working together during this exciting phase in their development". 

Maples and Calder's investment funds team in Dubai has advised on the formation of some of the largest private equity and hedge funds in the region since 2005. 

Specialist

ADGI is a specialist active fixed income manager serving institutional investors.

David Rothon of ADGI said "Being a new investment firm it was important for us to have the right partners supporting us early on, Maples and Calder did not disappoint and provided excellent advice throughout the launch of the ICAV, the funds and our Central Bank of Ireland authorisation."