Dubai — Chicago-based Aon Risk Services is opening a new mergers and acquisitions service for private equity, sovereign funds, business-to-business, real estate and infrastructure funds based in the Middle East and North Africa (MENA) region.

The launch of the new service follows an announcement last week that Aon has opened a new regional headquarters in the Dubai International Financial Centre (DIFC). The unit will be part of Aon's Merger and Acquisitions Group (AMAG) and, due to the increasing appetite of Gulf-based sovereign funds and companies for expansion both domestically and internationally, be based out of the DIFC, the company says.

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