Dubai-based single-family office Falcon Investment Advisors has reportedly begun adding staff in its Singapore office as part of its strategy to become a multi-family shop.
Mark Prendiville, former Singapore head of institutional sales at Julius Baer, has joined the firm in mid-January as a managing director to provide alpha generation expertise, reported AsianInvestor.
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At Julius Baer, Prendiville had advised clients including central banks, sovereign wealth funds and hedge funds, as well as ultra-high-net-worth individuals and family offices.
It is said that Prendiville had advised Falcon for several years in this capacity before being asked to join the family office.
Additionally, the company is also planning to make further hires to expand its capabilities.
Founded in 2008, Falcon currently has an independent asset management and investment advisory firm registered with the Monetary Authority of Singapore.
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