Restructured Gulfmena signs up Saudi leasing fund

Gulfmena Investments is engaged in the process of restructuring itself from boutique fund house to service provider to help asset managers launch and oversee funds in Dubai. The firm, which is regulated by the Dubai Financial Services Authority, previously managed $50 million in assets across public equities, alternative strategies and sukuk (Islamic bonds).  But it is understood that poor performance led Gulfmena to move to wind down two of its proprietary funds, the Gulfmena O…