PineBridge Investments has strengthened its growing Middle East, North Africa and Turkey team with the appointment of Wael Aburida as chief investment officer.
Aburida (pictured) will lead PineBridge’s MENA private equity and real estate team covering the Middle East, North Africa and Turkey, with responsibility for deal origination, negotiations, execution, portfolio management, and exits.
Based in Bahrain, Aburida will report to Talal Al Zain, chief executive officer at PineBridge Investments Middle East.
Al Zain says: “I am pleased that Wael has joined our expanding regional team of exceptional investment professionals. Wael is an ideal fit for PineBridge, bringing a broad range of global and regional expertise that will help us meet growing client demand for private equity and real estate solutions. We will continue to strengthen our team in order to capitalize on the region’s demand for investment opportunities.”
Aburida joins from UAE-based Waha Capital where he was director of mergers & acquisitions, and was previously director of the global M&A group for Intel Corporation, based in the California global headquarters. In addition, he was also managing director of Nollenberger Capital Partners and DCA Partners, both located in Northern California. During his career Aburida has amassed approximately 20 years of deal-oriented private equity and investment banking experience. He has led private equity and real estate investments across North America, Europe, the Middle East and Asia.
Aburida says: “I am very excited to be joining PineBridge at such a key juncture. While private equity is slowing in some developed markets, there is significant regional demand for proprietary private equity and real estate deals. We will be capitalizing on this demand for high quality direct investment opportunities, rigorous due diligence and active portfolio management of investments.”
