UK-based interdealer-broker Tullett Prebon’s alternative investments (AI) team has opened a new office in Dubai to serve clients in the Middle East market.
Gahtan Vahidy, a member of the AI team since May 2010, has been named as new head of alternative investments Middle East.
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Additionally, the firm has expanded its Europe team by appointing Dan Nolan as senior broker based in London, where he will be responsible for hedge fund distribution in Europe.
Tullett Prebon said that the AI team will focus on the origination and placement of third party alternative investment fund products to investors across the Middle East and Australia.
Currently, the Tullett Prebon alternative investment team now has offices in London, New York, Hong Kong and Dubai.
Neil Campbell, head of Tullett Prebon AI, said: "Tullett Prebon Alternative Investments continues to build on its core business – providing clients with transparent and accountable entry and exit strategies for the low liquidity space. Our new Dubai office confirms our commitment to offering a range of alternative products to a truly global institutional investor base."
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