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Verition Fund Management, the Power List multi-manager, has announced the launch of its inaugural internship programme for its office in Dubai.
Dubai International Financial Centre (DIFC) says Verition’s internship initiative will provide talented university students, including UAE nationals, with valuable hands-on experience in the world of global finance.
The $12bn firm opened in DIFC in 2023 and has steadily expanded its presence in the region, quickly growing its employee base and diversifying the number of strategies managed from Dubai.
The 16-week immersive and highly selective internship programme will welcome students from Zayed University, American University in Dubai, American University of Sharjah, among other top UAE universities.
Participants will rotate across various investment-focused groups, including credit, fixed income and macro, convertible & volatility arbitrage, event-driven, equity long/short & capital markets, and quantitative strategies. Additionally, they will gain insight into critical non-investment functions such as treasury, operations, legal/compliance and more.
The internship programme will be hosted in-person at Verition’s Dubai office, located in DIFC.
The news comes as Dubai finalises its new building to house hedge fund launches in the region. For more intelligence on the industry’s moves into the Middle-East, contact AFI.