Seviora and First Abu Dhabi Bank Form Strategic Alliance for Investment Opportunities
Seviora Holdings, Temasek's asset management arm, and First Abu Dhabi Bank (FAB) have signed a Memorandum of Understanding (MOU) to establish a strategic partnership, expanding investment access and market reach.
Singapore-headquartered asset management firm Seviora Holdings, a wholly-owned subsidiary of Temasek, and First Abu Dhabi Bank (FAB) have announced a strategic partnership via a newly signed Memorandum of Understanding (MOU). This collaboration aims to use their expanded networks and complementary expertise to unlock new investment and market opportunities globally.
The alliance will enable both entities to draw on their respective resources for greater access to investment opportunities, including co-investments. A key aspect of the partnership involves FAB exploring the distribution of investment strategies managed by Seviora and its affiliates through its wealth management platform, offering FAB clients a broader range of investment products.
Wolfgang Klemm, Head of Strategy and Development at Seviora, highlighted that the MOU strengthens Seviora's presence across the Middle East and facilitates access to global investment opportunities. Sadiq Hussain, Senior Executive Officer and Director for Seviora (Middle East), noted this partnership builds on Seviora's planned Abu Dhabi office launch in 2025, marking a significant step in deepening its regional presence.
FAB, with total assets of AED 1.41 trillion (USD 384 billion) as of June 2026, views this as an opportunity to combine capabilities and networks, ultimately providing its clients with enhanced investment options. Seviora Group manages approximately US$76 billion in assets as of June 2026, with a global presence that includes Singapore, India, China, Indonesia, and the UAE.
Questions, answered
- What is the purpose of the partnership between Seviora and FAB?
- The partnership aims to use the expanded networks and expertise of both Seviora and FAB to identify and pursue new investment opportunities, including co-investments, and to facilitate knowledge sharing.
- How will FAB clients benefit from this collaboration?
- FAB clients will gain access to a broader range of investment opportunities as FAB explores distributing investment strategies managed by Seviora and its affiliates through its wealth management platform.
- What is Seviora's asset under management and its regional presence?
- Seviora Group manages approximately US$76 billion in assets as of June 2026 and has primary presences in Singapore, India, China, Indonesia, and the UAE, including a planned Abu Dhabi office launch in 2025.
- What is the size of First Abu Dhabi Bank?
- First Abu Dhabi Bank (FAB) is a major banking group with total assets of AED 1.41 trillion (USD 384 billion) as of June 2026, listed on the Abu Dhabi Securities Exchange (ADX).
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.
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