Polen Capital, Lone Star Approved for New Abu Dhabi Offices

Boca Raton, FL- based investment manager Polen Capital and Dallas-based private equity firm Lone Star Funds have received approval from the financial services regulatory authority of Abu Dhabi to open new offices in the Emirati capital.

Both firms cited a desire to grow their presence in the Middle East as drivers of the move to open offices in Abu Dhabi. Polen, which manages approximately $63.4B in assets according to the latest Dakota data, also operates overseas offices in London and Hong Kong, along with locations in Boston and Waltham, MA.

Lone Star manages over $36B in assets, according to Dakota data, and the firm said it has managed a total of 25 funds and $95B in assets since its founding in 1995. The Abu Dhabi office will represent its 12th location and first in the Middle East.

Sources:

https://www.adgm.com/media/announcements/polen-capital-announces-expansion-into-adgm-with-new-office-opening

https://www.adgm.com/media/announcements/lone-star-announces-establishment-of-abu-dhabi-office-in-adgm