Today's Edition
ABU DHABI (ALETIHAD)
Barings has opened a new office in Abu Dhabi as part of its strategy to strengthen its presence in the Middle East.
The move follows the launch of its Dubai office in 2024 and reflects the firm’s plans to deepen relationships with institutional investors, sovereign wealth funds and family offices across the Gulf, a media statement said.
The Abu Dhabi office, located in ADGM, is expected to support closer engagement with regional clients and provide access to a strong regulatory environment and investment ecosystem.
Barings is a $481 billion global alternative asset manager that partners with institutional, insurance and wealth clients, and supports businesses with financing solutions. The firm, a subsidiary of MassMutual, invests across credit, real assets and capital solutions.
Mike Freno, Chairman and CEO of Barings, said, “The opening of our Abu Dhabi office reaffirms Barings’ commitment to the Middle East and our belief in the region’s growth trajectory. Being on the ground enables us to better serve our clients and partner with them to unlock opportunities across global credit markets.”
Waleed Zamel, Managing Director and Head of Middle East, Global Client Group at Barings, added: “This expansion marks an important milestone in our strategy to build a strong presence in the region and reaffirms our commitment to our trusted partners. Abu Dhabi is a key financial hub and a growth pillar of Barings’ Middle East strategy, and having a local office allows us to engage more closely with clients and deliver tailored investment solutions that meet their evolving needs.”
Arvind Ramamurthy, Chief Market Development Officer at ADGM, said: “We are pleased to welcome Barings to ADGM’s ecosystem. Their decision underscores the continued interest from leading global firms choosing Abu Dhabi for regional and international growth. With a strong regulatory framework and deep connectivity to regional capital, ADGM continues to support asset and wealth managers as they expand their presence and access opportunities across the region and beyond.”
The firm said it continues to see strong demand from Middle Eastern investors for strategies across public credit, private credit, and real estate.
