Alternative investment offering gets new faces.
Private Equity
New MENA investment and consultancy fund established.
Private equity house appoints former Investec manager to financial services group.
Cairo-based equity firm hires Azab and Mansour to manage new deals.
UFG Asset Management has hired Robert Sasson, the former head of the St Petersburg office of the European Bank of Reconstruction and Development (EBRD), as senior managing partner of UFG Private Equity.
The Abu Dhabi Investment Company (ADIC) has hired a new head of private equity to lead a charge for buy-outs in the Middle East and North Africa at a time when the global economic crisis is starving promising companies of capital.
Alpha Associates has announced that Kurt Geiger, former head of financial institutions and private equity and chairman of the equity committee of the EBRD, will join the Zurich-based private equity fund firm as special adviser and chairman of its advisory board.
Investment company sells controlling stake in Pharos Holding for an estimated EGP32mn (US$42mn).
Private-equity firm takes controlling stake in Danube.