Arabian Business Power 500 2013
Thu 21 Mar 2013 10:28 AM
Abbas Zuaiter

Abbas Zuaiter

Industry: Banking & Finance

Company: Soros family office

Designation: Private adviser

Country: US (Palestine)

As the former chief operating officer and chief financial officer of Soros Fund Management until December last year, Abbas ‘Eddy’ Zuaiter was one of the key cogs in the investment firm headed up by legendary financier and philanthropist George Soros.

The $23bn hedge fund has averaged a 20 percent annual return rate over four decades, and is widely regarded as one of the most profitable in the industry. Although he has now largely retired, Zuaiter has kept a position as adviser to the Soros family. Zuaiter’s responsibilities in his old role included overseeing all portfolios, operational, risk, treasury, human resources, trading, credit and financial reporting aspects of the firm and of the funds it manages. Prior to joining Soros Fund Management, Zuaiter was a Partner at PricewaterhouseCoopers LLP responsible for some of their most significant alternative investment management clients which included some of the largest hedge fund operations.