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ADAPT Investment Managers opens Abu Dhabi office as it grows

The Swiss relative-value hedge fund, with about $2.1 billion under management, said its flagship fund returned 1.77% in July and was up 0.23% for the first seven months of 2026.

Reported · Written up by our desk · Hedge Funds

Swiss relative-value hedge fund ADAPT Investment Managers has opened an office in Abu Dhabi, adding to a growing list of international alternative managers expanding in the Gulf, Hedgeweek said.

The $2.1 billion asset manager began operating from the UAE capital, with the new office led by Daniel Mullarkey, who recently joined ADAPT as a senior research analyst. ADAPT said Abu Dhabi is its fourth location, alongside offices in Geneva, Zug, and New York.

ADAPT launched its flagship fund in March 2020, and Hedgeweek reported the manager had $2.11 billion under management at the start of August. The outlet also cited performance showing the flagship fund gained 1.77% in July, lifting results back into positive territory for 2026 with a 0.23% return over the first seven months.

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