Thu, Oct 8, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Napier Park Global expands in UAE with new Dubai office

Tuesday, September 24, 2013

Precy Dumlao, Opalesque Asia:

The $6.7bn alternative asset management firm Napier Park Global has expanded its operations into the UAE with the opening of its new office at the Dubai International Financial Centre. With the new office, Napier now has presence in New York, London and Dubai.

"Expanding our asset management business into the UAE is an important next step to growing our global platform," said Jim O’Brien, co-managing partner of Napier Park Global Capital. "We are excited to now be able to offer Napier Park’s innovative credit products to sophisticated investors in the MENA region. We are also very pleased to be working with Saad [Ashraf] once more. His experience and deep relationships in the region will be a tremendous asset to our firm and clients alike."

The firm received official approval to launch the office from the Dubai International Financial Centre Authority on September 15, 2013. Ashraf, an investment professional with more than 17 experience in the MENA region, will be heading the Dubai International Financial Centre office as managing director. Prior to joining Napier Park, Ashraf held senior roles at Citi Capital Advisors, Goldman Sachs, Merrill Lynch and Citi Global Markets in fundraising and securities businesses in Dubai and London.

"We are pleased to welcome Napier to DIFC’s growing community and believe that their presence will contribute to the diversification o......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  4. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  5. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with