Verition Fund Management Launches Internship Programme in Dubai
Verition Fund Management LLC, a global leader in multi-strategy hedge funds, has announced the launch of its inaugural internship programme at its Dubai office.
The programme is in collaboration with the Dubai International Financial Centre (DIFC) and aims to offer valuable hands-on experience to university students, including UAE Nationals, in the world of global finance.
This initiative is a direct response to the findings from DIFC's Future of Finance report, released in February 2024. The report, developed through discussions with industry leaders, including Verition, highlights the importance of overcoming talent shortages by attracting professionals through competitive compensation, continuous training, and partnerships with educational institutions.
The 16-week programme will provide students from top UAE universities, such as Zayed University, the American University in Dubai, and the American University of Sharjah, the opportunity to rotate across various investment groups, including Credit, Equity Long/Short, and Quantitative Strategies, among others. Interns will also gain insight into non-investment functions such as legal, operations, and compliance.
Verition, which has $12 billion in assets under management (AUM) and offices worldwide, has been rapidly expanding its presence in Dubai since its establishment in DIFC in 2023. The internship programme will be hosted in-person at Verition's DIFC office, where participants will receive personalised mentorship and work in a collaborative environment that encourages open communication and innovation.
Applications for the internship programme will open soon. Students studying finance, economics, or related fields are encouraged to apply. For more details, interested candidates can email internships@veritionfund.com.
News Source: Dubai Media Office
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