Kuwait Wealth Fund Hires From Barclays, Carlyle in London Push

  • Kuwait Investment Office hires from Barclays, Carlyle, Jupiter
  • London branch is increasingly active in capital markets
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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.