Preqin opens Dubai office

Dubai heroPreqin, the provider of financial data for the alternative assets sector, has announced the opening of a new office in Dubai. The firm has sought to expand internationally over the last 12 months during which time it has opened another three offices and now employs more than 600 people in nine countries on four continents. Its latest branch will be based in the Dubai International Financial Centre and will initially open with a team of three which Preqin hopes to expand over the next six months. According to Ben Cluny, Preqin’s senior vice president of EMEA sales, the Middle East has a “huge network” of fund managers, investors and service providers all active in the alternatives market. “We felt that in order to best serve our clients we should be a part of the fabric of that community, and we’re thrilled at the warm reception we’ve received. We are very pleased to be able to offer our clients the first-rate hands-on service they deserve, as well as helping to promote and grow an exciting market,” said Cluny. © 2020 funds global mena

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