Dubai Is the Newest Hedge Fund Hotspot
More and more financiers are choosing to expand in the emirate.
The Dubai International Financial Centre (DIFC) in Dubai, United Arab Emirates.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
After attracting crypto firms, property investors and Russian billionaires, Dubai is drawing a new crowd: hedge fund managers.
Izzy Englander’s Millennium Management has grown its staff in the Dubai International Financial Centre to about 30 since securing a license in 2020. Michael Gelband's ExodusPoint Capital Management, one of the largest multi-strategy hedge funds in the world, registered in the DIFC in June, according to a filing.