Wed, May 24, 2017
A A A
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. Opalesque Exclusive: Time to invest in robotics? (part 1)[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The London-based, Swiss-born manager of the RoboCap UCITS Fund, talks to Opalesque about investing

  2. Investing - Hedge funds have been selling big winners this year, Hedge funds are betting $1 billion that Snapchat shares are going to drop, Here are the biggest bets made by top hedge funds in the first quarter[more]

    Hedge funds have been selling big winners this year From CNBC.com: Hedge fund managers' most popular stock to start the year has been a familiar name that is falling short in terms of performance, while the least popular companies all have been crushing the market. Procter & Gamble

  3. Investing - Third Point's Loeb surfs on as hedge fund washout continues, George Soros has added to his losing bets against the stock market, Hedge funds, VCs and the CIA are throwing money at ex-Bridgewater data scientists' startup, Hedge funds shed retail amid fears of "apocalypse"[more]

    Third Point's Loeb surfs on as hedge fund washout continues From Reuters/Nasdaq.com: Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, sa

  4. Investing - Tudor Jones backs AI hedge funds, Massive hedge fund trades highlight insider buying: GE, Pentair, Tempur Sealy, Apollo Global and more, Hedge funds big wigs are buying consumer and selling tech, here's the stocks[more]

    Tudor Jones backs AI hedge funds From FT.com: Hedge fund magnate Paul Tudor Jones has invested in a brace of artificial-intelligence powered "quantitative" hedge funds, underscoring the increasing acceptance that the industry will need to turn more to technology and away from traditional

  5. Soon hedge fund investors won't bet on a man, they will bet on a machine[more]

    From Forexlive.com: The Wall Street Journal is in the midst of a 17-part series that looks at the rise of quant funds. The AUM and money invested in quant funds still trails traditional asset managers but the gap is closing. What's truly amazing is volume. Quant funds make up 27% of trading vo