Hedge Funds

Billionaire trader Michael Platt heads to UAE

The hedge fund co-founder is the latest major UK finance figure to set his sights on the region as BlueCrest makes a Dubai push

The emirates are luring more and more top finance talent
The emirates are luring more and more top finance talent Photo: Getty Images

Michael Platt, the billionaire co-founder of BlueCrest Capital Management, has moved his main residence to the United Arab Emirates as British finance heavyweights flock to the Middle Eastern hub, Financial News can reveal.

Platt, who oversaw BlueCrest’s transition from a hedge fund to family office in 2015, changed his “state usually resident” to the UAE earlier this month, according to registry filings.

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