Barings said on 29 April that it has opened an office in Dubai as part of a long-term strategic decision to meet growing demand and better serve its long standing client base in the region.
Mike Freno, chairman and CEO of Barings, said: “The opening of our Dubai office affirms our commitment to the region, ambitions for future growth, and underscores our belief in the importance of a local, on the ground presence to best serve our clients, and provide long term asset management across a variety of privately originated and public market investment opportunities.”
Barings said it intended to "continuously evaluate opportunities to expand its presence in the region as it grows and partners with clients".
Waleed Zamel, who was appointed to lead distribution for the Dubai office, previously held roles at Amundi, ADIA and Standard Chartered Bank.
Barings is a $406+bn global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions.
The firm, a subsidiary of MassMutual, covers public and private markets in fixed income, real assets and capital solutions.
