TCW has extended its global presence with a new office in Dubai.
Takeaway Points
- TCW expands its global presence with a new office in Dubai.
- The new office, located in the Dubai International Financial Centre (DIFC), will focus on supporting and serving the investment needs of sovereign and institutional clients in the Middle East.
- Wael Younan will relocate from New York to Dubai to lead and grow the new office as part of the establishment of the DIFC office while Mr. Younan and Peter Moore co-head TCW’s Sovereign Wealth Group.
TCW opens a new office in Dubai
The TCW Group, a leading global asset management firm, said on Wednesday that it has continued its global expansion with the opening of a new office in Dubai, UAE.
The new office, located in the Dubai International Financial Centre (DIFC), will focus on supporting and serving the investment needs of sovereign and institutional clients in the Middle East. This new location represents TCW’s first office in the Middle East. Over time, the firm expects to expand its presence in the region, TCW said.
Katie Koch, TCW’s President and Chief Executive Officer, said, “TCW has over four decades of experience serving Sovereign and Institutional clients in the Middle East, and we see ongoing interest in our investment capabilities across TCW’s public and private asset classes in the region. As TCW’s Middle East client relationships continue to grow and deepen, it is important that we have a local presence to serve and partner with our clients to deliver best-in-class investment solutions that meet their objectives.”
Wael Younan will relocate from New York to Dubai to lead and grow the new office as part of the establishment of the DIFC office, while Mr. Younan and Peter Moore co-head TCW’s Sovereign Wealth Group. Mr. Moore remains based in Los Angeles and will continue to work closely with Mr. Younan on the ongoing growth of TCW’s sovereign wealth relationships in the Middle East and globally.
TCW Recognized as a 2024 Signatory to the UK Stewardship code
On July 22, 2024, The TCW Group announced that the firm had been recognized as a signatory to the Financial Reporting Council’s UK Stewardship Code.
Jamie Franco, Global Head of Sustainable Investment at TCW, said, “The recognition reflects TCW’s commitment and efforts to deliver excellence in investment performance, financial solutions, and partnership to our clients. We continually refine our policies, research frameworks, proprietary data analytics, and engagement approaches with the aim of delivering long-term returns and solutions that help clients achieve their goals.”
About the TCW Group
TCW is a leading global asset management firm with a broad range of products across fixed income, alternative investments, equities, and emerging markets. With over half a century of investment experience, TCW manages approximately $200 billion in client assets today. Through its ETFs, TCW MetWest Funds, and TCW Funds, TCW manages one of the largest fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments, and foundations, as well as financial advisors and high net worth individuals.
