Hedge Funds People moves

Mesirow seeks portfolio manager for Abu Dhabi joint venture

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The new firm plans to manage money for large investors in the Middle East and Asia.

Mesirow Financial is looking to hire a senior portfolio manager to oversee a team of money managers for an investment management joint venture with Mubadala Development, an investment arm of the Abu Dhabi government.

The joint venture, which will reportedly launch in September, is an effort by Abu Dhabi to diversify its oil wealth into other industries, including real estate, aerospace and financial services. The new firm plans to manage money for institutional investors in the Middle East, North Africa and South Asia. In addition to currency and commodities strategies, the firm will offer risk management and advisory