Dubai, UAE – The Dubai International Financial Centre announced that the number of hedge funds registered with it has reached 100.
This confirms its position as a rising global power in this vital sector, and enhances its progress to become one of the top five hedge fund positions in the world.
The center has seen a growth in the number of registered hedge funds.
The number has more than doubled from 50 funds by the beginning of 2024.
Including 81 Billion Dollar Club funds who manage portfolios worth more than $1 billion.
Baron Capital Management, Blue Crest Capital, Naya Capital Management, Nine Masters Capital, North Rock Capital, Pearl Diver Capital, Select Equity Group, Strategic Investment Group, Silver Point Capital, Squarepoint Capital, and Wheeling Capital Group recently joined the list.
They will join the existing client list, which includes Ballyasney, Black Rock, Blue All, Revan Howard, Damon Asia, Exodus Point, Hudson Bay, Millennium, Cube Research & Technologies, and Viration.
Companies continue to join the Dubai International Financial Centre at a record pace, driven by the multiple competitive advantages it offers.
Including enabling fund managers to access financial markets in Asia, Europe and America.
In addition to benefiting from a wide base of specialized competencies and talents in the region.
As well as attracting investments by high-net-worth individuals, family offices and sovereign funds.
integrated system
The center also has an integrated banking and consulting system that is considered the most advanced in the region.
Which provides the hedge funds operating within it with an ideal environment for growth and excellence.
The Dubai International Financial Centre Hedge Fund Centre is one of the pioneering projects recently launched across the sector.
As a unique coworking space dedicated to the asset management sector, it enables its managers to establish their businesses more quickly.
In addition to operating at high cost efficiency, expanding at an accelerated pace supports their business growth and enhances their presence.
Under its umbrella, the center includes an elite group of major international companies, in addition to medium and emerging companies.
The wealth and asset management sector in the Dubai International Financial Centre continues to rise with exceptional momentum.
It currently hosts more than 470 specialized companies under its umbrella.
