Oaktree Capital Management Opens Dubai Office in DIFCPress Release14 Jan 2014 09:00 am
Dubai International Financial Centre (DIFC) welcomes Oaktree Capital Management to its growing community of financial and professional services firms. In line with the company’s expansion plans in the region, the addition of this new office will allow Oaktree to now serve clients globally across 15 cities in 12 countries.
The Oaktree Capital Management office in DIFC will be headed by Senior Vice President, Yusef Al-Kudsi, who has been with the company for over five years and has extensive experience in managing institutional client relationships.
Jeffrey Singer, CEO of DIFC Authority, said:
“We are pleased to welcome Oaktree, a global leader in investment management, to our client base, which we believe will support the diversification of our offering. Oaktree’s decision to base their Middle East operations in DIFC is also clear evidence of value that the Centre’s strategic location adds as a gateway to regional and international markets.
With more companies choosing DIFC to establish a regional presence, there is an increasing emphasis on the pivotal role of regional wealth in contributing to the global economy.”
Yusef Al-Kudsi, Senior Vice President at Oaktree, commented:
“We are proud to join the DIFC community. This location in Dubai provides us with a strong base for our operations in the region and enables us to enhance and better serve our clients’ needs.”