PineBridge Opens In Bahrain

Jan 31 2013 | 11:15am ET

PineBridge Investments has opened its new Middle East headquarters in Bahrain.

The firm's new offices are in Manama, the Bahraini capital; in addition to the Middle East, the new office will also serve as headquarters for PineBridge's North African operations. The base, in the GBCORP Tower, officially opened this week.

PineBridge has been planning the office for months, and says it is a step towards a major expansion in the area. The New York-based firm already has offices in Istanbul, Turkey, and Dubai.

"PineBridge Investments has experience and presence in developed and emerging markets spanning more than 60 years. The Middle East and North Africa was a region where we have not had a substantial presence," Talal Al Zain, PineBridge's regional CEO and the former head of Bahrain's sovereign wealth fund, said. "We see significant opportunities for investment and substantial liquidity across MENA and Turkey, which have many underpenetrated markets across all assets classes."


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of