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Abu Dhabi Global Market announced that the Dalio Family Office (DFO), which manages the investments, projects and charitable works of the Dalio family, has opened a regional office in Abu Dhabi. Ray Dalio, founder of Bridgewater Associates, has deep, decades-long relationships with the UAE and other clients and partners in the region, and this new office represents a natural progression of these long-standing partnerships as Dalio transitions into the next phase of his career as an investor. A philanthropist, teacher and advisor.
Ray Dalio said: “I have more than 30 years of work and close relations with individuals and leaders in the Emirate of Abu Dhabi, which was a source of my admiration and appreciation for them. Abu Dhabi has become the center of many remarkable developments in the region, including those taking place in the United Arab Emirates and Saudi Arabia. For these reasons, I am delighted that Abu Dhabi has been chosen as the new headquarters for the Dalio family office.”
In addition to its offices in both the United States and Singapore, the Dalio family office in Abu Dhabi will oversee a range of activities, including the Dalio family’s investments and philanthropic work, particularly strategic partnerships around areas of mutual interest such as ocean exploration. These efforts will be enhanced by Abu Dhabi’s continued rise as a leading financial center with world-class banking, investment services and infrastructure. The Dailo family office has a strong desire to build strategic and long-term partnerships with the main stakeholders in Abu Dhabi, as the office aims to contribute to the implementation of the long-term development vision for the region in general.
The Dalio family office in Abu Dhabi will be managed by a diverse team of seasoned professionals in many fields. The team will work closely with the family to ensure alignment with their global investment and charitable strategies.
