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

Q&A: Omni Macro Fund Bullish On India, Watching China

Mar 4 2015 | 3:35pm ET

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Managing Diversification And Drawdowns In The “New Normal”

Mar 5 2015 | 2:42pm ET

In 2008-2009 diversification alone failed to provide adequate risk management for...

 

Editor's Note