PineBridge Taps Aburida As MENA CIO

May 15 2013 | 10:31am ET

New York-based asset manager PineBridge Investments has tapped Wael Aburida as chief investment officer for its Middle East, North Africa and Turkey division.

Aburida will lead PineBridge’s MENA private equity and real estate team with responsibility for deal origination, negotiations, execution, portfolio management, and exits.  Aburida will be based in PineBridge's recently opened Bahrain office and will report to Talal Al Zain, Chief Executive Officer at PineBridge Investments Middle East.

Aburida, who joins PineBridge from UAE-based Waha Capital where he was director of mergers & acquisitions, brings about 20 years of deal-oriented private equity and investment banking experience to his new post. His resume includes time in California, as director of the global M&A group for Intel Corporation and managing director of Nollenberger Capital Partners and DCA Partners.

Said Al Zain in a statement: “I am pleased that Wael has joined our expanding regional team ofexceptional investment professionals. Wael is an ideal fit for PineBridge, bringing a broad range of global and regional expertise that will help us meet growing client demand for private equity and real estate solutions. We will continue to strengthen our team in order to capitalize on the region’s demand for investment opportunities.”

PineBridge has US $71.5 billion in assets  under management for institutional and individual investors worldwide as of 31 March 2013.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.