World’s Oldest Sovereign Wealth Fund Makes London Hiring Push - Bloomberg #Kuwait

World’s Oldest Sovereign Wealth Fund Makes London Hiring Push - Bloomberg

The London arm of the Kuwait Investment Authority has hired executives from Barclays Plc and the Carlyle Group Inc in recent months as the Gulf state’s sovereign wealth fund looks to step up its capital markets investments.

The Kuwait Investment Office recruited Arne Hassel as chief investment officer in November, people familiar with the matter said. Hassel previously worked as CIO at Barclays and head of hedge fund strategies for Europe & Asia at Goldman Sachs Group Inc., according to his LinkedIn profile.

Braam Verster, a former director at Carlyle, has been hired as head of strategy and Iain Edwards joined from Jupiter Asset Management Limited as new chief technology officer, the people said, who asked not to be identified because the information is private.

KIA officials couldn’t be reached for comment.