UAE’s DIFC partners with Alternative Investment Management Association

UAE’s DIFC partners with Alternative Investment Management Association

Dubai International Financial Centre (DIFC) has entered into an agreement with the Alternative Investment Management Association (AIMA), making it the first financial centre in the region to do so. The association represents more than 2,100 corporate members with over $2.5tn hedge fund and/or private credit assets. Arif Amiri, CEO of DIFC Authority, said, “DIFC is delighted to be the first financial centre in the region to partner with . Innovation and cross-border collaboration attract capital flows and opportunities in growth markets for high-performing hedge funds with a range of investment strategies. “This agreement marks yet another pivotal moment for Dubai and DIFC as we continue to attract world-class talent, whilst driving the future of finance by providing a robust and hyper-connected ecosystem for the alternative investment industry that enables them to manage their global portfolios efficiently.” Jack Inglis, CEO, AIMA, commented, “The past year has seen many reports of alternative investment managers, including some of the industry’s largest names, opening offices in the UAE. AIMA has enjoyed member representation in the region for over 15 years and has closely watched its growth as an important global financial hub, not just for alternative investments but also the wider asset management industry.