US EditionSculptor gets green light for Abu Dhabi operation
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Sculptor gets green light for Abu Dhabi operation
Hedge fund manager Sculptor Capital Management has secured regulatory approval to operate in Abu Dhabi, becoming the latest global financial firm to establish a presence in the fast-growing capital of the United Arab Emirates, according to a report by Bloomberg. The $34bn asset manager, formerly known as Och-Ziff, is expanding into the Abu Dhabi Global Market (ADGM) financial centre as the emirate intensifies its efforts to position itself as a …
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