Hedge Funds

North of South Capital gets Dubai approval, London partner to lead new office

The asset manager has received regulatory approval for Dubai launch

Monday 16 December 2024 at 13:17

A string of hedge funds and asset managers have opened Dubai offices in the last year Natalie Naccache/Bloomberg via Getty Images
A string of hedge funds and asset managers have opened Dubai offices in the last year Natalie Naccache/Bloomberg via Getty Images

North of South Capital has received regulatory approval to launch in Dubai and has moved a senior partner from London to lead the new office.

The London-headquartered asset manager, which has more than $2bn in assets under management, received authorisation from the Dubai Financial Services Authority last week to operate as an investment management firm in the Dubai International Financial Centre.