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Tuesday, December 1 - 2009

Gottex Fund Management Holdings to open new Dubai office and appoints Wassim Nasrallah as Managing Director

  • United Arab Emirates: Thursday, November 27 - 2008 at 16:50
  • PRESS RELEASE

Gottex Fund Management Holdings Limited (Gottex), a leading independent global alternative asset management group, announces that it will open an office in Dubai to capitalise on the growth opportunities in the region.

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In addition, Gottex announces the appointment of Wassim Nasrallah as Managing Director responsible for sales and marketing in the Middle Eastern region.

The new Dubai office shows Gottex's commitment to the Gulf area. With significant business lines already in the Middle East, Gottex views the region as one of its core growth areas over the coming years. The region and office will be managed by Hashem Arouzi, Managing Director and a founding partner of Gottex. Wassim Nasrallah, who recently joined Gottex from Lehman Brothers, will work alongside Hashem Arouzi in Dubai and co-manage the region.

Before joining Gottex, Wassim Nasrallah worked for Lehman Brothers International, where he was Head of Generalist Sales in Dubai for Capital Markets and Investment Management products. Previously whilst at Lehman he was closely involved in Private Investment Management in Boston, New York and Dubai. He contributed significantly to the positioning of Lehman in the Middle East region through his work with the different business areas of the firm. Wassim Nasrallah earned his Bachelor's degree and MBA from George Washington University in Washington DC.

Joachim Gottschalk, Chairman and CEO of Gottex, commented:
"We are very pleased to announce the opening of our new Dubai office which will enable us to better service and expand our Middle Eastern customer base. Similarly, we welcome Wassim to Gottex, who, with his extensive experience in the Gulf region, will be essential to our growth plans in the Middle East."
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About Gottex Fund Management Holdings:

Incorporated in Guernsey, Gottex is the holding company of a leading independent global alternative investment management group whose core business is providing investment management services to a diversified range of hedge funds and funds of hedge funds. In this capacity, the Gottex group provides portfolio selection and asset allocation advice, as well as risk management and investment monitoring services to a broad and diversified institutional clientele. The Gottex group also structures and manages specialised fund of hedge funds, managed accounts, real asset funds and provides related investment advisory services.

With offices in Lausanne, London, Hong Kong, New York, Boston, Luxembourg and Zurich and associated offices in Sydney, the Gottex Group advises funds that are invested with more than 165 hedge fund managers around the world, investing in a wide range of strategies and geographies on behalf of predominantly institutional investors. As at 30 September 2008, Gottex had $13.5bn of assets under management.

For Additional Information:

Edward Moore
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P.O. Box 24554
t : +971 4 390 1630
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