Lone Star Joins Firms Opening Up in Abu Dhabi’s Finance Hub
The skyline of Abu Dhabi.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Lone Star Funds is set to open an office in Abu Dhabi, becoming the latest global asset manager to use the emirate as a hub for expansion in the Middle East.
The firm, which has capital commitments of $95 billion, has received in principle approval to establish an office in the emirate’s financial center, according to a statement.