Infini Capital Management, a Hong Kong-based multi-strategy hedge fund firm, has been granted in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to open an office in the Abu Dhabi Global Market (ADGM).
Subject to final regulatory approval from the FSRA, Infini Capital will become the first Asian hedge fund manager to establish itself in the ADGM, as it looks to tap into deepening ties between Asia and the Middle East.
The firm has leased space at the Al Khatem Tower in the ADGM, the international financial centre of the UAE’s capital.
With an established presence in Hong Kong, Infini Capital’s new Middle East operation will include representation from its portfolio management, trading, risk, operations, compliance, and investor relations teams. In addition to the executives relocating to Abu Dhabi, the firm said in a press release that it will look to benefit from the highly skilled and diverse talent pool available in the region.
In a statement, Tony Chin, Founder, CEO and CIO of Infini Capital, said: “We are pleased to announce this important milestone for Infini Capital as we open our first office within the EMEA region in Abu Dhabi, marking a meaningful step in the long-term strategic plan for our firm. We believe in the tremendous potential of the region as an alternative investment hub and have received strong support and partnership from the ADGM in getting to this point.”
The firm, which employs a multi-manager approach in trading across global markets and focuses on event driven, global macro, relative value, market neutral long-short, and systematic strategies, last year launched its flagship product, the Infini Global Master Fund.
