Dubai, United Arab Emirates (UAE) – [May 29, 2025] – Tourmaline Partners, a leading global provider of outsourced trading solutions, is pleased to announce the opening of its newest office in Dubai International Financial Centre, marking a significant milestone in the firm’s international growth strategy.

To lead this expansion, Kish Desai has relocated from the firm’s London office to Dubai and will spearhead Tourmaline’s efforts in the Middle East region, taking on the role of Senior Executive Officer of Dubai International Financial Centre (DIFC) Branch. With 20+ years of experience in global trading and client relationship management, Kish is well-positioned to deepen the firm’s presence in a fast-growing market, strategically located between Europe and APAC. 

“Opening a Dubai office is a natural next step as we continue to meet growing demand for our services across the globe,” said Aaron Hantman, CEO of Tourmaline Partners. “The region presents a tremendous opportunity, and we are confident that under Kish’s leadership, our clients will benefit from enhanced access, local expertise, and the same high-quality execution and service that defines Tourmaline globally.”

"Dubai has established itself as a key financial center” added Kish Desai. “It is exciting to see the explosion of new fund managers in the region, and we are excited to contribute to that momentum and become a critical part of the ecosystem.  We look forward to working closely with DIFC and other local and global stakeholders who support the growth of both asset owners and investment managers who operate and invest in the region."

Salmaan Jaffery, Chief Business Development Officer at DIFC Authority said: “We are pleased to welcome Tourmaline to DIFC’s thriving ecosystem. Their decision to establish a presence here reinforces DIFC’s position as the preferred choice for international brokerage firms looking to access Dubai’s dynamic and fast-growing financial markets. We look forward to supporting their growth journey in the region.”

The new Dubai office, located in DIFC, will serve as a hub for regional clients and partners, providing bespoke trading solutions that align with local market dynamics.
Tourmaline’s expansion into Dubai underscores its commitment to providing independent, unconflicted outsourced and supplemental trading solutions on a global scale—supporting buy-side firms and asset owners of all sizes in achieving greater efficiency, transparency, and performance.