Former Soros Manager Sets Up Frontier Markets Firm in Dubai - Middle East Real Time - WSJ:
"When money managers set up in the U.A.E., they’re usually either investing in the region or trying to tap the Middle East’s large pools of capital for funds that look elsewhere. Ahmad Zuaiter, however, is doing something a little different: using Dubai as a geographically central base from which to invest in frontier markets globally.
Mr. Zuaiter, who managed money for George Soros until 2011, has been working for more than a year on a new firm called Jadara Capital, based in the Dubai International Financial Centre. He’s now raising money for Jadara’s maiden fund, which will invest in stocks in frontier markets from Argentina to Vietnam and is expected to launch in May or June.
“Most of the asset management firms, particularly in the DIFC, tend to be asset-gathering focused,” Mr. Zuaiter said. “The predominant funds are the ones that export capital out of here. They’re geared toward gathering assets and then finding a product and putting assets in and selling that product. We’re the opposite, in a sense.”"
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