Verition joins multi-strats in Dubai

July 6, 2023

Related: US multi-strats spearhead Dubai hedge fund moves.
Follow AFI’s multi-strat section here.
Hudson Bay joins biggest multi-strats in Dubai (12 June)

Verition Fund Management is the latest major US multi-strategy firm to open a base in Dubai, as the emirate continues to attract funds.

Bloomberg reported that the Greenwich, CT-based firm will start with 15 people in the emirate and plans to grow from there, its new office led by ex-Morgan Stanley professional Saad Mahmood.

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