US-based Argentem Creek Partners (Argentem Creek), in partnership with the Abu Dhabi Investment Office (ADIO), will establish a new regional hub in Abu Dhabi Global Market (ADGM), the region’s leading international financial centre.

The partnership is part of ADIO’s $545 million Innovation Programme that supports innovative companies in high-growth areas, including financial services. Argentem Creek’s new hub aims to increase access to investment opportunities across the Middle East and North Africa (Mena) and Asia.

The firm is an emerging market credit specialist firm investing across special situations, private credit, high yield and trade finance. Under the agreement, ADIO will provide financial and non-financial incentives to support the establishment of Argentem Creek’s regional hub in Abu Dhabi.

Abdulla Abdul Aziz Al Shamsi, Acting Director-General of ADIO, said: "Abu Dhabi’s banking, insurance and asset management sectors are driving the region's tremendous growth. ADIO’s partnership with Argentem Creek will benefit a range of sectors in the region, including manufacturing, logistics, trade finance and food security, by providing access to the firm's emerging market and credit expertise to support existing and future opportunities."

"The partnership will also help to develop local talent and support the continued growth of Abu Dhabi’s financial services infrastructure with emerging markets knowledge and deal flow," stated Al Shamsi. Argentem Creek will seek to cultivate regional partnerships to expand the region’s access to investment opportunities across industry sectors.