Dalma Capital Management Limited, a Dubai Financial Services Authority regulated Hedge Fund Manager in the Dubai International Financial Centre, announced today that Mr Mishal Kanoo has been appointed to their Board of Directors as a Licensed Director.
Mishal Kanoo is also the Deputy Chairman of The Kanoo Group, one of the largest and most diverse family owned groups of companies in the Middle East that has diversified interests including hedge funds, financial services, shipping, travel, machinery, logistics, oil & gas, ports, power, and chemicals. The Kanoo Group also known as a major hedge fund allocator and Mishal Kanoo's stewardship over the family business has received plaudits for robust diversification and sound risk management practices; Mr Kanoo has a reputation as a futurist and strategist with a strong track record of forecasting economic developments in and around the Middle East.
The Senior Executive Officer of Dalma Capital Management, Howard Leedham MBE said, “ Our entire team at Dalma are delighted to welcome Mishal Kanoo to our board. I have long considered Mishal to be one of the best forward thinkers in the region and his wisdom as an economist and a businessman will enhance the depth and expertise of our Dalma board."
Dalma Capital Management Limited manages a globally diversified hedge fund from its DIFC offices and is the only hedge fund company in the UAE that has agreed to charitably donate a percentage of its fees to the Emirates Foundation as part of its Corporate Social Responsibility programme.
Mishal Kanoo said, “I had for sometime been observing the progress of Dalma Capital Management and have grown to consider them as one of the next generation of hedge fund managers, so I was delighted to be invited to their Board. I look forward to being a director of this dynamic company and to being a part of its promising future.”