Showing posts with label Makan Capital Group. Show all posts
Showing posts with label Makan Capital Group. Show all posts

Monday, March 03, 2008

Makan Capital appoints Samer Wahbeh Director of Property Dev`t Fund

Abu Dhabi, (ANTARA News/PRNewswire-AsiaNet) - Makan Capital Group, (MCG), a prominent real estate private equity group and investment banking firm announced today that industry veteran Samer Wahbeh has been named Director of the Property Development Fund and acting Chief Financial Officer.

Before joining MCG, Mr. Wahbeh was Chief Financial Officer at SinoGulf Investments where he led the accounting, treasury, debt raising, MIS and DIFC financial reporting functions. Prior, he served as a senior manager at PriceWaterhouseCoopers (PwC), where he headed the financial due diligence team and executed financial transactions and valuations worth several billion dirham. Mr. Wahbeh has extensive knowledge of the airline, transportation, real estate and financial services sectors and has worked closely with investment banks and corporate investors while based in Abu Dhabi.

"Mr. Wahbeh brings unique and invaluable local experience to our firm in addition to his in depth understanding of the regional and global investment marketplace," said Steve Koinis, Managing Director and Chief Executive Officer of Makan Capital Group. "We value his very disciplined consulting, audit and due diligence approach to investing and are honored to have him on our executive team."

Other previous experience includes the areas of audit, business risk services and business advisory for KPMG and Arthur Andersen. He earned his BSC degree in accounting and business administration from the University of Jordan and is a Certified Public Accountant, Certified Management Accountant and is currently a level three candidate for the Chartered Financial Analyst program.

For more information, visit makancapitalgroup.com.

Makan Capital Group, (MCG), is a premier, Sharia'a compliant, private equity firm in the GCC region generating demonstrably superior investment products and real estate opportunities. The Firm's strategy is to focus on the banking, commercial, residential, hospitality and tourism sectors while capitalizing on its significant network of resources, asset and partnerships. MCG is headquartered in Abu Dhabi, UAE, with offices in Riyadh, Saudi Arabia and Newport Beach, California (US).

Makancapitalgroup.com

SOURCE: Makan Capital Group
CONTACT: Rick Keating of Keating & Co.,
+1-212-433-1370,
+1-917-767-2400,
rkeating@keatingco.com,
for Makan Capital Group
Web site: http://www.makancapitalgroup.com

COPYRIGHT © 2008 - ANTARANEWS

Thursday, February 21, 2008

Makan Capital Group appoints Bracken White as Chief Investment Officer

Abu Dhabi, (ANTARA News/PRNewswire-AsiaNet) - Makan Capital Group Limited, (MCG), a prominent real estate private equity group that unites accomplished financial professionals with innovative real estate practices, announced today that investment industry veteran Bracken White will join MCG as Chief Investment Officer and Director at the corporate headquarters located in Abu Dhabi, UAE.

"Mr. White's distinguished global real estate, private equity and investment banking experience combined with his comprehensive mergers and acquisitions experience make this appointment instrumental to accelerating the company's growth," affirmed Steve Koinis, Chief Executive Officer and Managing Director, Makan Capital Group.

White has served in several leadership positions in capital market functions and has assessed and developed more than $3 billion of real estate transactions. Prior to MCG, White was Managing Director of Capital Markets at Molinaro Koger where he raised equity for hotel portfolios and development programs. Preceding tenure included Principal at Presidio Merchant Partners; investment banking and equity research at Banc of America Securities; and, Principal and Founder of The Juniper Group, a real estate advisory firm at which he advised and raised capital for $800 million of projects. Prior to banking, White was a Research Analyst in Banc of America's nationally recognized real estate and hospitality research team. He holds a Master's in Business Administration from Yale University with distinctions in Real Estate Finance and Financial Accounting.

His knowledge and experience in the Middle East and Saudi Arabia are comprehensive. White grew up in Saudi Arabia, where his father and grandfather worked in the oil industry. Professional engagements have included extensive work with Saudi Arabia's Supreme Commission for Tourism (SCT) during which he developed vehicles to finance tourism and leisure venues in the Kingdom.

"Mr. White has been at the forefront of investment banking with emphasis on global real estate for a significant time. He has played a key role in identifying opportunities and determining ideal development and acquisition strategies. His competencies will enhance the firm's ability to seize opportunities and produce exceptional returns," added Koinis.

For more information, visit makancapitalgroup.com.

Makan Capital Group, (MCG), is a premier, Sharia'a compliant, private equity firm in the GCC region generating demonstrably superior investment products and real estate opportunities. The Firm's strategy is to focus on the banking, commercial, residential, hospitality and tourism sectors while capitalizing on its significant network of resources, asset and partnerships. MCG is headquartered in Abu Dhabi, UAE, with offices in Riyadh, Saudi Arabia and Newport Beach, California
(US). Makancapitalgroup.com

SOURCE Makan Capital Group
CONTACT: Rick Keating of Keating & Co.,
+1-212-433-1370,
+1-917-767-2400,
rkeating@keatingco.com, for Makan Capital Group
Web site: http://www.makancapitalgroup.com

COPYRIGHT © 2008 - ANTARANEWS

Makan Capital Group names Barry Didato Director of Strategic

Abu Dhabi (ANTARA News/PRNewswire-AsiaNet) - Makan Capital Group, (MCG), a prominent real estate private equity group that unites accomplished financial professionals with innovative real estate practices, announces that international investment specialist Barry Didato is the new Director of Strategic Investment and Member of the Board of Directors, based in the corporate offices in Newport Beach, California.

"In addition to the intensity of Mr. Didato's 8+ years of private client work in Saudi Arabia, his development experience covers five continents and more than $4 Billion worth of projects," stated Steve Koinis, Managing Director and Chief Executive Officer of MCG. "His unique worldwide experience applies to every sector of Makan's focus, from residential, hotel and resort deal structuring to strategic real estate development and infrastructure, management start-ups and turnarounds and themed tourism developments."

Didato has worked on a wide range of real estate products for private investors, high-end signature resorts, club management companies, government agencies and multi-lateral lenders worldwide; and has authored numerous articles and lectured on real estate development at domestic and international forums.

He has a Master's degree in Real Estate Development with a focus on leisure and hospitality products from Harvard University Graduate School of Design at Harvard in conjunction with Business School and a Bachelor of Science degree with honors in Environmental Design and Regional Planning from the University of Massachusetts.

Mr. Didato will address "Saudi Arabia: Communities and Cities for a Sustainable Future" at the Urban Land Institute (ULI) Global Real Estate Summit this Wednesday, February 13th at the Emirates Palace Hotel, Abu Dhabi.
For more information, visit makancapitalgroup.com.

Makan Capital Group, (MCG), is a premier, Sharia'a compliant, private equity firm in the GCC region generating demonstrably superior investment products and real estate opportunities. The Firm's strategy is to focus on the banking, commercial, residential, hospitality and tourism sectors while capitalizing on its significant network of resources, asset and partnerships. MCG is headquartered in Abu Dhabi, UAE, with offices in Riyadh, Saudi Arabia and Newport Beach, California (US). Makancapitalgroup.com

SOURCE Makan Capital Group

CONTACT: Rick Keating of Keating & Co.,
+1-212-433-1370 or,
+1-917-767-2400,
rkeating@keatingco.com
, for Makan Capital Group
Web site: http://www.makancapitalgroup.com

COPYRIGHT © 2008 - ANTARANEWS