The asset management house, which has $44.2 billion in AuM as at the end of June, serves clients such as institutions, financial advisors, and individual investors.

Baron Capital, an asset manager headquartered in New York, is opening a new office in Dubai, in the United Arab Emirates. 

The office, which is in the Dubai International Financial Centre, is led by Rabih Sultani, senior executive officer and head of Middle East business development. Sultani brings more than 25 years of experience in the Middle East to the job.

Over time, the 43-year-old firm said it expects to expand its presence in the Gulf Cooperation Council group of countries.

Baron Capital has $44.2 billion in assets under management (as of 30 June) across 20 strategies.