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Hedge fund Dymon Asia opens first Middle East office in Dubai

Hedge fund Dymon Asia opens first Middle East office in Dubai


Published on 2024-12-04 21:30:48 - Bill Williamson, WOPRAI
  Print publication without navigation

  • Singapore's Dymon Asia Capital has opened its first office in the Middle East to capitalise on the time zone and capture more investment talent in that region, the hedge fund manager said.

Dymon Asia, a Singapore-based hedge fund, has opened its first Middle East office in Dubai, aiming to tap into the region's growing wealth and investor base. The new office, located in the Dubai International Financial Centre (DIFC), will be led by a team of experienced professionals including former Goldman Sachs executive, Ali Khan. This expansion is part of Dymon Asia's strategy to broaden its global footprint and enhance its service offerings to clients in the Middle East, where there is a significant demand for alternative investments. The firm, which manages about $4 billion in assets, sees the Middle East as a key market for future growth, especially given the region's increasing interest in hedge funds and private equity.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/hedge-fund-dymon-asia-opens-first-middle-east-office-dubai-2024-12-05/ ]
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