Dubai Woos Hedge Fund Startups With Dedicated Building

Dubai is opening a building dedicated primarily for hedge fund startups looking to expand into the city that’s emerged as a growing hub for the sector in recent years.

The Dubai International Financial Centre is retrofitting a building to cater to firms looking for short-term, plug-and-play offices as they pilot their operations before scaling up, according to people familiar with the matter. The DIFC Hedge Funds Centre is slated to open by the end of April.