Moore Capital Offshoot JJJ Joins Hedge Funds Rushing Into Dubai

JJJ Capital Management, a hedge fund started by former Moore Capital Management traders, is expanding to Dubai, joining a cohort of peers setting up offices in the Middle East.

JJJ — led by Joeri Jacobs — recently received authorization to operate in the city, people with knowledge of the matter said, asking not to be identified discussing private information. Chief Financial Officer Darius Berendji and Partner Lucca Norton were registered as directors of the unit, according to records from the Dubai International Financial Centre.