Fadi Barakat is Chief Investment Officer at REYL Finance (MEA) in Dubai. Hubbis met with him recently to hear more about REYL Group, which is a private banking and financial services group headquartered in Switzerland, in operation since 1973, and with approaching USD 39 billion of assets under management across offices in Europe, Dubai, and Singapore. Fadi explained why the boutique private bank model is alive and well in the UAE, he told us how the missions ahead are to further enhance portfolio allocation and risk management for wealthy clients, and how the firm plans to gradually keep building its team in the region.
REYL Finance (MEA) Ltd. is part of the REYL Group, which was founded by Dominique Reyl in 1973 and that has been led by François Reyl since 2008. With assets of close to USD 39 billion and operating from ten locations in London and across Europe, Dubai, Singapore and in the US, REYL is still a boutique player, but evidently a force to be reckoned with in its chosen markets.
REYL’s growing footprint
REYL Group has enjoyed significant organic growth since its foundation, focused on developing its business lines and its international presence. Alongside the family, there are five partners who also contribute their experience and expertise: Nicolas Duchêne (Deputy Chief Executive Officer), Lorenzo Rocco di Torrepadula (Wealth Management), Christian Fringhian (Corporate Finance), Pasha Bakhtiar (Digital Banking) and Thomas Fontaine (Entrepreneur & Family Office Services).
In 2021, the REYL Group signed a major strategic partnership with Fideuram - Intesa Sanpaolo, a leading European banking entity, which acquired 69% of REYL, further bolstering its ambitions and potential.