Varenne Capital Partners has announced the opening of a new office at the Dubai International Financial Centre, alongside the establishment of Varenne Capital Limited, its wholly owned subsidiary in the United Arab Emirates, which is regulated and supervised by the Dubai Financial Services Authority.

The company’s expansion into the UAE follows the successful development of its business across Europe, marking a new stage in its international growth and giving it a presence in one of the world’s leading financial hubs, known for its dynamic and forward-looking business environment.

Giuseppe Perrone, co-founder and president of Varenne Capital Markets, said the Dubai International Financial Centre is one of the world’s leading financial centres, noting that it offers the energy, talent and networks that financial companies need in order to grow.

For his part, Giacomo De Nardis, Chief Executive Officer and Director of Varenne Capital Markets, who will lead the new office, said Dubai has established itself as one of the most dynamic and innovative financial ecosystems in the world. He added that the city brings together outstanding talent, technological capabilities and a spirit of ambition that gives it a distinctive position as an attractive environment for work and expansion.

Meanwhile, Salmaan Jaffery, Chief Business Development Officer at the DIFC Authority, said that the decision by Varenne Capital Partners to join the centre reflects the strength and established position of DIFC as a preferred destination for internationally regulated financial firms.

The opening of the new office strengthens Varenne Capital Partners’ presence in international markets and underlines the appeal of Dubai and the Dubai International Financial Centre for companies seeking to expand their operations within a regulated financial environment connected to global markets.