15.10.2009 - Hedge fund is launched
From Gulf-daily-news.com: Gulfmena Investments has announced the launch of a new fund. The Gulfmena Arab Opportunities Fund Limited is the first directional absolute return hedge fund focusing specifically on the Middle East and North Africa (Mena) equity markets to be managed by a GCC-based and Dubai Financial Services Authority (DFSA) regulated asset management business. The asset manager of the fund, Gulfmena Alternative Investments, was granted a licence by the DFSA to operate as a DIFC asset management company in August and is headed by chief executive and fund manager Haissam Arabi........................Full Article: Source