Hedge Funds Dubai - VC, Private Equity and Real Estate

Prince Alwaleed bin Talal, chairman of Kingdom Holding, and the firm have placed an order for $400 million but received $60 million in Glencore IPO.

This represents 3.6 percent of the value of Glencore’s IPO and the offering was substantially oversubscribed.

Kingdom Holding Company is listed in the Middle East Investors Directory with the code BFD84.

More details follows from Arab News

Investcorp, an asset management firm specializing in alternative investments, hosted a two-day hedge fund conference that brought together figures from global finance with Gulf-based clients.

The Investcorp Hedge Funds Investor Conference included panel discussions and presentations from the firm's hedge funds business as well as from portfolio managers of the hedge funds in its Single Manager Platform according to Mohammed Al-Shroogi, President of Investcorp's Gulf business.

More details follows

Gulfmena Investments has announced the launch of its hedge fund, the "Gulfmena Arab Opportunities Fund Limited".

Accordign to the the firm, this is the first directional absolute return hedge fund focusing on the MENA equity markets to be managed by a GCC based and DFSA regulated asset management business.

More details follows

D. E. Shaw & Co, the world's fourth largest hedge fund, have announced opening their first regional office in Dubai as D. E. Shaw & Co. MENA, Ltd.

The New York-based hedge fund, private equity and technology development firm was founded by David E. Shaw, who was formerly a faculty member in the computer science department at Columbia University. The firm specializes in applying quantitative and qualitative trading strategies to hedge fund management and other investments. the D. E. Shaw group has more than 1,600 employees and approximately $29bn in investment and committed capital. Read more about the firm here. Reuters has a good report on their opening in Dubai here.

(This is their registration file on DIFC. Their press release follows:

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