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Makan Capital Group names Barry Didato Director of Strategic Investment and Member of the Board

  • United Arab Emirates: Tuesday, February 12 - 2008 at 08:54
  • PRESS RELEASE

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 $4bn 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.
 
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Notes and Media Contacts »

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).

CONTACT: Rick Keating of Keating & Co., +1-212-433-1370 or,
+1-917-767-2400, for Makan Capital Group

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