PineBridge Picks Bahrain For Middle Eastern Headquarters

Jul 25 2012 | 10:00am ET

Four months after hiring a new CEO for the Middle East and North Africa, PineBridge Investments has settled upon his hometown as its new regional headquarters.

The New York-based firm said yesterday that it had won a license from the Central Bank of Bahrain and would set up shop in the tiny Persian Gulf island country. While PineBridge already has offices in Istanbul, Turkey, and Dubai, the selection of Bahrain isn't terribly surprising: Regional CEO Talal Al Zain formerly headed the country's sovereign wealth fund, Bahrain Mumtalakat Holding.

The new PineBirdge Investment Middle East will give PineBridge access to "underpenetrated markets across all asset classes," the firm said.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note