Eisler Capital is to become the latest member of the growing Dubai hedge fund ‘club’ with the London-based investment firm currently preparing to open a new office in the emirate, according to a report by Bloomberg.
The report cites an unnamed source with knowledge of the matter as confirming that the $4bn multi-strategy fund is currently in the process of incorporating and seeking regulatory approval in Dubai. Eisler is reportedly seeking office accommodation for up to 30 staff and is aiming to have the first of those in place by the third quarter of the year, according to Bloomberg’s source.
Eisler’s decision to establish a presence in Dubai sees the firm join the likes of Millennium Management and Brevan Howard Asset Management in opening offices in the Middle East.
