Abu Dhabi Global Market (ADGM) has announced that Elysium Management has opened its first international branch in ADGM.
Publish dateMonday 9 September 2024 - 17:53
The new office, Scimitar, will serve as Elysium's first international office. Scimitar has recruited a team of experienced professionals, including Abu Dhabi-based tycoon Asad Hosseini.
ADGM, the international financial center of Abu Dhabi, the capital of the UAE, welcomed the move.
This strategic move underscores Black's deep ties to the region, established over 30 years through his leadership of Apollo, a global alternative asset manager with nearly $700 billion currently under management, and demonstrates his commitment to to his growth to create deeper pressure in the region.
The expansion of Elysium's management to ADGM, along with its seasoned team and strategic leadership, marks a new chapter in the company's global ambitions, placing it at the heart of one of the world's most influential financial centers.
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Source : news agency wam
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