Waystone expands UAE presence 09 June 2025UAE Reporter: Clelia Frondaroli
Image: Markus Mainka/stock.adobe.com
Waystone has launched a new onshore, independent management company (ManCo) and distribution company in the United Arab Emirates.
As regulatory changes transform the UAE's investment funds landscape, Waystone's launch intends to support clients who are looking to establish fund structures in the region.
The ManCo will be headed by Caoimhghin O’Donnell, CEO of Waystone management company Middle East, who says: “While this presents exciting opportunities, regulatory diligence remains critical. We are thrilled to expand our services in the region and look forward to helping our clients navigate this fast-growing market.”
Nigel Pasea, Waystone’s country head of Middle East, adds: “The UAE is fast becoming one of the most attractive destinations for investment funds globally. Waystone has built a strong presence here, and this milestone enhances our ability to meet the increasing demand from international investment managers.”
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Image: Markus Mainka/stock.adobe.com 