TCI Fund Management Opens New Office in Abu Dhabi, Enhancing EMEA Presence
In a recent announcement, TCI Fund Management Limited has unveiled its newest office in Abu Dhabi, marking a significant move to bolster its presence in the UAE and across the Europe, Middle East, and Africa (EMEA) region.
The expansion aligns with the firm's strategic growth plans, as detailed in an official press release.
Heading the operations at the Abu Dhabi location is Bronwyn Owen, who serves as the Global Head of Investor Relations and Director of TCI Fund Management (AD) Limited.
Owen has transitioned from New York to Abu Dhabi, bringing with her a wealth of experience to steer the company's initiatives across the region.
Christopher Hohn, the Founder and Portfolio Manager of TCI, expressed enthusiasm about the new venture, stating, "We look forward to establishing our team there to reach a broader investor base and to expand my philanthropic activities."
"We are also excited to partner with the local community to help enhance opportunities for investment managers in the region and to further our ongoing efforts to reduce the impacts of the present climate crisis through pushing for climate action plans," he added.
Moreover, the firm intends to utilize its regional footprint to drive climate initiatives, particularly within the private finance domain.
Commenting on the significance of TCI's expansion, Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Global Market (ADGM), remarked, "TCI's new base underscores ADGM's rise as an international financial hub and reinforces Abu Dhabi's position as a prospering centre for the investment management industry and its leading role in the energy transition underpinned by the UAE's strategic value to global finance and equally its unwavering commitment to climate action."