Infini Capital Set To Manage Asian Hedge Fund With ADGM's Initial Nod

The Abu Dhabi Global Market (ADGM) has recently taken a significant step by granting In-Principle Approval (IPA) to Infini Capital Management Limited, a distinguished multi-strategy alternative investment firm based in Hong Kong. This approval, issued by the Financial Services Regulatory Authority (FSRA), marks a pivotal moment as Infini Capital gears up to manage an Asian hedge fund within the ADGM. This development positions Infini Capital as the inaugural firm to oversee an Asian hedge fund in this dynamic market.

With the final approval and licensing on the horizon, Infini Capital has also unveiled plans to open a new office within the ADGM. This move is strategically designed to bolster financial connections between Asia and the Middle East. By leveraging its established presence in Hong Kong, Infini Capital aims to extend its comprehensive range of services to the Middle East. These services encompass portfolio management, trading, risk assessment, operations, compliance, and investor relations. Furthermore, the firm is committed to harnessing local talent and expertise, underscoring its global expansion strategy.

Arvind Ramamurthy, Chief of Market Development at ADGM, expressed enthusiasm about Infini Capital's decision to establish its presence within ADGM. He highlighted this move as a testament to the robust commercial ties between Asia and the Middle East. Ramamurthy noted, "We welcome Infini Capital as the first Asian Hedge Fund Manager to establish its presence in ADGM. This is a significant milestone that underscores the strong commercial connections between these regions." He further elaborated on the increasing trend of asset management firms choosing Abu Dhabi as their hub for international operations, reinforcing ADGM's role as a burgeoning center for the alternative asset management sector.

Tony Chin, founder, CEO, and CIO of Infini Capital, shared his insights on this strategic expansion. Chin remarked on the importance of this milestone for Infini Capital as it establishes its first office within the EMEA region in Abu Dhabi. He emphasised the region's vast potential as an alternative investment hub and acknowledged the substantial support and partnership from ADGM in reaching this pivotal stage.

This collaboration between Infini Capital and ADGM signifies a forward step in enhancing financial integration between Asia and the Middle East. It not only showcases Abu Dhabi's growing appeal as an international business hub but also highlights the strategic initiatives by firms like Infini Capital to tap into emerging markets through global expansion. As these developments unfold, they promise to bring new opportunities and deepen financial collaborations across continents.

With inputs from WAM