Liongate Capital expands to DIFC

10/11/2009 - Dubai Investment News
Liongate Capital expands to DIFC

Posted by Neil King

A new hedge fund management company announced the opening of an extra office could find it is used by those with commercial property in Dubai.

The revelation came today (November 10th) that Liongate Capital will operate from an additional premises in the Dubai International Financial Centre (DIFC).

Liongate Capital has brought together a panel of advisors to assist its growth in the emirates.

His Excellency Dr Omar Bin Sulaiman who is also the governor of the DIFC, said: "With investors increasingly seeking to diversify their portfolios to include alternative investments, the long term potential for the growth of the hedge-funds market in the Middle East, North Africa and India is strong."

Dr Sulaiman added that those who wish to embark upon chances provided by the likes of hedge funds can do so as a result of the DIFC acting as a platform - supplying regulations and infrastructure.

The DIFC forms part of a vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum on what is said to be a 110-acre free zone.