Global Investment House announced today the appointment of Mohamed Abdelsalam to head its private equity funds business in Egypt.
Global Investment House announced today the appointment of Mohamed Abdelsalam to head its private equity funds business in Egypt. The appointment follows the private equity funds business growth strategy and the desire to gain stronger foothold in the North African markets.
Currently, the private equity team funds has presence in Kuwait, Saudi Arabia, Egypt and Turkey, which portrays the team’s focused approach in providing clients with added value in different countries across the MENA region.
“Our presence today in Egypt is part of the strategy to be on ground and expand in the North African region,” said Shailesh Dash, Managing Partner at Global Capital Management Limited(GCML) – the alternative investment asset management arm of Global
Investment House. “This appointment reflects the importance of this market to us and shall strengthen our knowledge about the Egyptian market, enhance our deal sourcing and attain a close relationship to the fund’s portfolio companies.”
Prior to joining GCML, Abdelsalam was a Partner in BDO Khaled & Co (previously a member firm of E&Y) heading the consulting and advisory services with over two decades of experience across the financial services of 15 years in Corporate Finance, Mergers & Acquisitions as well as prior consulting experience in Washington, DC, USA.
“I am very pleased joining the company, being one of the leading alternative investments asset managers in the region,” says Abdelsalam. “It is a honor to be part of implementing the company’s strategy in Egypt and North Africa. I believe this is the right strategy at the right time and in the right location.”
