Abraaj Capital appoints Simon Davies as Chief Operating Officer

Notes and media contacts

About Abraaj Capital:
The first pure private equity firm licensed to operate in the Dubai International Financial Centre, Abraaj Capital is the leading asset management firm in the Middle East, North Africa and South Asia region. In 2006, Abraaj Capital launched a series of funds including Sabre Abraaj India Private Equity Fund, Infrastructure & Growth Capital Fund, and the Abraaj BMA Pakistan Buyout Fund. By the end of 2006, Abraaj Capital expects to have US$4 billion of assets under management.

The firm's primary expertise is in private equity buyouts, strategic minority block positions in public enterprises and real estate investments within the region. In recognition of its operating excellence and regional expertise, Abraaj received the 'Middle Eastern Private Equity Firm of the Year' award from Private Equity International in March 2006. In addition, it has received the 'Best Private Equity House' award from the Banker Middle East in May 2006.

The executive directors of the firm have a long history of working together and are associated with some of the landmark private equity transactions in the region such as the acquisition and subsequent exit from Aramex, - the first and largest leveraged transaction in the region; Inchcape Middle East and privatisation of Jordan Aircraft Maintenance Company (JorAMCo) by the Government of Jordan.

For further information, please contact:
Nicholas Nesson/Bakul Gala
ASDA'A Public Relations
Exclusive Affiliate of Edelman, Middle East & North Africa
Dubai, UAE
Tel: 971-50-4785324 / 50-2459547
Fax: 971-4-3356080