Interdealer-broker Tullett Prebon’s alternative investments (AI) team has opened an office in Dubai to serve the Middle East market.
Gahtan Vahidy, a member of the team since May 2010, has been appointed head of alternative investments Middle East.
The team will focus on the origination and placement of third party alternative investment fund products to a wide range of investors across the Middle East and Australia.
In addition, Dan Nolan has joined the London team as senior broker in charge of hedge fund distribution in Europe. Nolan has extensive secondary market experience having specialised in trading illiquid assets whilst at Gamma Finance and before that Citco.
The Tullett Prebon AI team is now the only alternatives broker with offices in London, New York, Hong Kong and Dubai.
Neil Campbell, head of Tullett Prebon AI, says: “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.”