MENA

Brevan Howard named Oualid Lahsini as its new Middle East CEO as the $33 billion global macro hedge fund firm continues to expand its presence in the region.

Morrocco’s Mohammed VI Polytechnic University (UM6P) and the OCP Group, the world’s largest producer of phosphate-based fertilizers, have committed $200 million to Bidra Innovation Ventures.

Most institutional investors are actively rethinking or reallocating assets, with interest in alternatives almost doubling as inflation concerns grow, a new study by Nuveen.

King Street Capital Management opened an office in Dubai, in an expansion in the Middle East and North Africa (MENA) for the $22 billion alternative investment firm. The new office will be led by Reda Zebdi, who joins after 11 ...

Patient Square Capital held the final close of its Patient Square Equity Partners fund with $3.9 billion in total capital commitments. For the healthcare-focused private equity firm, the offering handily surpassed its target and is sizable in the healthcare space. ...

Healthcare-focused private equity firm Patient Square Capital hired Kaveh Samie as partner, MENA chairman and CEO and head of International Fund Partnerships.

Hedge funds scored positive returns last month, as equity long/short, event driven and relative value strategies successfully capitalized on easing inflationary and interest pressures

Emerging market hedge funds in Russia and Eastern Europe saw a steep decline in February, according to data provider HFR. The HFRI EM Russia/Eastern Europe Index fell -36.3%, the firm said as the overall emerging markets sector declined by -4.5% ...

Waystone, a third-party management company and governance provider, has created a new global compliance offering after acquiring and merging four compliance service providers. The new compliance offering, Waystone Compliance Solutions, offers a dedicated compliance solution with a global operation. Waystone ...

Dubai-based Global Ventures is partnering with fund of fund group Capria Ventures, which approved its investment in Global Ventures’ second fund. Capria is a global investment firm based in Seattle partners and funds a large network emerging market fund managers. ...