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Balyasny names Abu Dhabi Investment Authority’s Tarek Rizk as Mena head in Dubai push

The hedge fund aims to have around 10 portfolio managers in its Dubai office by the end of 2023

The Dubai International Financial Centre is becoming a hotbed for hedge funds
The Dubai International Financial Centre is becoming a hotbed for hedge funds Photo: Christopher Pike/Getty Images

Balyasny Asset Management has hired the Abu Dhabi Investment Authority’s Tarek Rizk as head of the Mena region as it builds out its Dubai office.

Rizk will oversee Balyasny’s newly established operations in Dubai, and will lead the expansion of the firm’s presence across the Middle East, according to a memo obtained by Financial News.

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