Tullett Prebon launches office in Dubai and announces new hire

Interdealer broker Tullett Prebon said Monday that its alternative investments team has opened an office in Dubai to serve the Middle East market. Also, the company has added Dan Nolan to its London team. In his new position, Nolan seves as senior broker in charge of hedge fund distribution in Europe.

PRESS RELEASE

London 10 March, 2014: Tullett Prebon, one of the world’s leading interdealer brokers, is pleased to announce that its Alternative Investments team has opened an office in Dubai to service the Middle East market.

Gahtan Vahidy, a member of the team since May 2010, has been appointed Head of Alternative Investments Middle East. The team will focus on the origination and placement of third party alternative investment fund products to a wide range of investors across the Middle East and Australia.

In addition, Dan Nolan has joined the London team as Senior Broker in charge of hedge fund distribution in Europe. Dan has extensive secondary market experience having specialised in trading illiquid assets whilst at Gamma Finance, and before that, Citco.

The Tullett Prebon Alternative Investment team is now the only alternatives broker with offices in London, New York, Hong Kong and Dubai.

Neil Campbell, Head of Tullett Prebon Alternative Investments, said:

“Tullett Prebon Alternative Investments continues to build on its core business – providing clients with transparent and accountable entry and exit strategies for the low liquidity space. Our new Dubai office confirms our commitment to offering a range of alternative products to a truly global institutional investor base.”

About Tullett Prebon

Tullett Prebon (www.tullettprebon.com) is one of the world’s largest interdealer brokers and operates as an intermediary in wholesale financial markets facilitating the trading activities of its clients in seven major product groups: Rates, Volatility, Treasury, Non Banking, Energy & Commodities, Credit and Equities.

With offices in 23 countries, Tullett Prebon operates voice, hybrid, electronic, volume matching, algorithmic matching and risk mitigation platforms, to accommodate the needs of its clients, and to satisfy the regulatory driven evolution of the marketplace. On 24 September 2013 Tullett Prebon was granted temporary registration from the Commodity Futures Trading Commission (“CFTC”) for the Company’s swap execution facility (“SEF”), tpSEF Inc. Tullett Prebon will continue to provide regulatory compliant infrastructures in all other jurisdictions.

In addition to its brokerage services, Tullett Prebon offers a variety of market information services through its IDB Market Data division, Tullett Prebon Information.

Tullett Prebon has its principal offices in London, New Jersey, Hong Kong, Singapore and Tokyo, with other offices, joint ventures and affiliates in Bangkok, Dubai, Frankfurt, Geneva, Houston (Texas), Jakarta, Johannesburg, Luxembourg, Madrid, Manama (Bahrain), Manila, Mexico, Mumbai, New York, Paris, São Paulo, Seoul, Shanghai, Sydney, Toronto, Warsaw and Zurich.

 

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