Stonepeak Joins Flurry of Firms Setting Up in Abu Dhabi.

Stonepeak, a $71.2 billion alternative investment firm, is opening an office in Abu Dhabi, the capital of the United Arab Emirates. The firm has received approvals to arrange and advise on investments in the UAE and plans to set up in Abu Dhabi Global Market, the city's financial hub. Abu Dhabi, known for its oil reserves and wealthy families, has attracted hedge funds, venture capital firms, and billionaires. Stonepeak specializes in infrastructure and real estate and currently employs over 250 people in the US, UK, and Asia. [Extracted from the article]