US hedge fund tycoon pushes for Abraham Accords-style deals

28 April, 2021
US hedge fund tycoon pushes for Abraham Accords-style deals
NY hedge fund billionaire Jeffrey Talpins has backed a push for more Abraham Accords-style normalisation deals between Israel and its own Arab neighbours.

The Atlantic Council think tank in Washington on Monday announced a “major expansion” of its work on Middle East peace because of support from the Jeffrey M Talpins Foundation.

The project, known as the Abraham Dialogues, will advance co-operation between your Atlantic Council, the Emirates Policy Centre in Abu Dhabi and the Institute for National Security Studies in Tel Aviv.

Fred Kempe, chief executive of the Atlantic Council, said deals to normalise ties between Israel and the UAE, Bahrain, Sudan and Morocco during the past year offered desire to a turbulent region.

“The Abraham Dialogues will deepen these agreements by promoting sustainable ties between your countries across sectors,” Mr Kempe said.

“The lasting personal relationships that emerge can help ensure a far more peaceful, prosperous region.”

The plan aims to bring together Israeli and Arab “decision-makers and thought leaders” for private conversations aimed at providing new ideas for co-operation in your community.

The effort is led by former Pentagon official William Wechsler, former US STATE DEPT. adviser Kirsten Fontenrose and Atlantic Council fellow Carmiel Arbit.

Oren Eisner, president of the Jeffrey M Talpins Foundation, said overcoming dissimilarities in the centre East required “sustained, meaningful, multifaceted engagement”.

“This includes fostering deep personal ties among leaders,” Mr Eisner said.

“The Abraham Dialogues can help build the connections that will carry the parties in to the future and help chart the course for a fresh Middle East.”

The foundation is the philanthropic vehicle for Mr Talpins, who runs the $17 billion hedge fund Element Capital Management.

The Atlantic Council as well as Israeli and Emirati think tanks in February released a written report how US President Joe Biden should approach peacemaking in the centre East.
Source: www.thenationalnews.com
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