Napier Park Global Capital Opens Office In DIFC

By Editorial 27 September, 2013

Napier Park Global Capital ("Napier Park"), a global alternative asset management firm, announced on September 23, 2013 that it has expanded its business operations into the United Arab Emirates and is opening an office at the Dubai International Financial Center (DIFC). Napier Park will now have offices in New York, London and Dubai.

According to a press release from the DIFC, Napier Park received official approval to launch the office from the Dubai International Financial Center Authority on September 15, 2013.

"We are pleased to welcome Napier to DIFC's growing community and believe that their presence will contribute to the diversification of the Center's offerings and strengthen its position as a leading global financial hub. The expansion of Napier Park Global offices comes at a time when an increasing number of firms are choosing the DIFC as a gateway to regional and international markets, a testament to the Center's strategic location as a bridge between East and West." said Jeff Singer, CEO of DIFC Authority.

Launched in 2004, the DIFC has a highly attractive tax and regulatory regime, offering firms 0 percent income tax guaranteed for 50 years, 100 percent foreign ownership, no exchange controls and a legal system based on English common law.

Tags: United Arab Emirates | Finance | Tax | Investment | Business | Law | Alternative Investment | Dubai | Expats | Personal Finance |


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