Bain Capital Opens Abu Dhabi Office, Indicating Gulf’s Allure

Bain Capital is opening an office in Abu Dhabi, one of the first new regional outposts announced by a major financial firm since the war began.

The firm will initially start with five to ten people in Abu Dhabi’s ADGM, though this number could rise over time, Managing Partner David Gross told Bloomberg News. Bain Capital anticipates opening additional offices in the region, he said.

“While the unfolding war is obviously tragic in many ways, it doesn’t change Bain Capital’s long-term outlook or impact plans to deepen our investment in the region,” Gross said in an interview. “We view staying ...