ABU DHABI UNITED GROUP FOR DEVELOPMENT AND INVESTMENT
The Abu Dhabi United Group for Development and Investment (ADUG) is a United Arab Emirates (UAE) based private equity company owned by Sheikh Mansour bin Zayed Al Nahyan, member of the Abu Dhabi Royal Family and Minister of Presidential Affairs for the UAE. The primary interest of the group is its ownership of City Football Group, a worldwide organization most notably controlling Manchester City F.C, Melbourne City F.C and New York City F.C., as well as several other international football clubs... , although it holds interests in various other endeavors outside of the sporting world also. It was initially thought that Abu Dhabi United Group was a part of Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi. But Abu Dhabi United Group had denied connection to the government of Abu Dhabi.
ABU DHABI UNITED GROUP FOR DEVELOPMENT AND INVESTMENT
Industry:
Asset Management Financial Services Sports
Founded:
2008-01-01
Status:
Active
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Current Employees Featured
Founder
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2008-09-02 | Manchester City Football Club | Manchester City Football Club acquired by Abu Dhabi United Group for Development and Investment | 200 M GBP |
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