Mr. Nakani is no stranger to Global. He was the Head of Investment Banking at Global from August 2004 to June 2007.
Mr. Bader Al-Sumait, Chief Executive Officer of Global said:
"It is a pleasure to welcome Mr. Nakani back. In addition to his previous experience with Global where he led several merchant banking transactions and private equity investments on behalf of Global and its clients, Mr. Nakani has significant investment and investment advisory experience across the Middle East, North Africa and South Asia."
He added, "Mr. Nakani's appointment as Managing Partner of Global Capital Management Ltd., the alternative asset management arm of Global, will help us achieve the company's strategy to enhance its product offerings and provide clients with the highest levels of service."
Mr. Nakani expressed his pleasure in rejoining Global and his commitment to strengthen the alternative asset management products and services and adding value to clients, in line with Global's client-driven strategy.
Prior to joining Global, Mr. Nakani was Investment Director at private equity group in Dubai managing $500m in private equity funds, investing across Asia and North Africa. He has held several senior positions, including Director, Mergers and Acquisitions for a major group in Kuwait, where he built the private equity platform for retail and food and beverages sectors, and led the acquisition and integration with a retail operation in Jordan. Earlier in his career, he held research and credit roles in India and Kuwait.
Mr. Nakani has also held Board and Executive Committee membership roles at various companies, including Avendus Capital Pvt. Ltd., a leading investment banking company in India, Al Razzi Holding Co., an international healthcare private equity/buyout company, and Africa Business News S.A., an African media company involved in business news services.
He received his MBA, Master with specialization in Econometrics and Mathematical Economics, and BSc in Mathematics degrees all from the University of Indore, India. Mr. Nakani is also a CFA charter holder since 2001.
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