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

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note