Singapore-headquartered multi-family office Farro Capital has launched its Dubai office, which will act as a regional base for the Middle East.
Farro Capital has launched a new office in the Dubai International Financial Center (DIFC), according to a statement. This will also complement the establishment of Farro & Co’s presence in the International Freezone Authority (IFZA) under the guidance of founder and CEO Nirbhay Handa as well as partner (Middle East) Abhishek Menon.
The firm’s Dubai operations, across client engagement, requirement and regional expansion, will be led by co-founder and managing director Rajiv Garg as well as managing director Vincent Valadares.
UAE Hub
Farro’s new office marks yet another example of foreign financial firms seeking expansion in Dubai in recent years, as the Middle Eastern city vies for a position as a leading global hub.
«We are delighted that Farro is launching their Middle East headquarters in DIFC to accelerate their next phase of growth,» said DIFC CEO Arif Amiri. «Farro brings a wealth of knowledge and expertise to the region with a strong focus on wealth management and multi-family offices, sectors that make up a huge proportion of DIFC’s clients and the overall contribution to Dubai’s economy.»
Farro Capital is a Singapore-headquartered multi-family office established in October 2022. Currently, it has 18 employees overseeing more than $1 billion in assets under management from clients across 12 markets and four continents.
