Economy Events Local 2025-12-08T10:10:10+00:00

Hedge Fund Pallas Advisors to Open Office in Abu Dhabi

Asset management firm Pallas Advisors plans to start operations in Abu Dhabi in the first half of next year, expanding its presence in the UAE following its success in Dubai.


Hedge Fund Pallas Advisors to Open Office in Abu Dhabi

The company «Pallas Advisors» expects to start its operations in Abu Dhabi in the first half of next year. Bloomberg, citing informed sources, reported that the asset management company «Pallas Advisors» has applied for permission to open an office at the Abu Dhabi Global Market. Dmitry Pallasny is expected to give a speech at the «Abu Dhabi Finance Week» event. Dmitry Pallasny's hedge fund is expanding its presence in the UAE by opening a branch in Abu Dhabi, about two years after opening its office in Dubai, thus joining asset managers who are strengthening their growing presence in the region. The $29 billion hedge fund opened its current office at the Dubai International Financial Centre in 2023.