Macro hedge fund Deem Global has secured a $1 billion investment from the Abu Dhabi Investment Council (ADIC), boosting its assets under management to approximately $3.8 billion. This capital injection is part of ADIC's strategy to increase its exposure to macro strategy hedge funds, aiming for a total hedge fund allocation of around $15 billion. Since its inception in 2022 with $300 million, Deem has expanded its assets more than tenfold. The new capital is subject to a two-year lock-up period, with redemption limits set at 25% per quarter thereafter. Deem plans to reopen for external fundraising next year.