Friday, 29 August 2014
Last updated 14 hours ago
Mar 29 2012 | 9:35am ET
PineBridge Investments has hired the former head of Bahrain's sovereign wealth fund to lead its expansion into the Middle East and North Africa.
Talal Al Zain's appointment as CEO for the region marks PineBridge's decision to launch full-service operations, including funds, there. The New York-based firm has a presence in Dubai and Turkey, but employs fewer than nine people in the region; it plans to increase that number by about 35 over the next year.
The $67.3 billion asset manager is considering several locations for its MENA headquarters, including Al Zain's old haunt, Bahrain.
"PineBridge is well-established, with global capabilities in key growth markets and innovative investment solutions," Al Zain said. "I look forward to expanding its presence in the MENA region, and strengthening the firm’s product offering, especially private equity deal flow, to benefit its global client base."
In addition to his duties in the MENA region, Al Zain was named co-head of alternative investments at PineBridge and a member of the firm's executive committee.
Prior to joining PineBridge, Al Zain was CEO of Bahrain Mumtalakat Holding.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...