Complex Made Simple

First Equity Partner participates in SuperReturn Middle East 2015

FEP will take place at the MENA region’s leading private equity forum as a GCC Private Equity investor with the largest presence in Egypt, managing the country’s leading steel producer

First Equity Partners (FEP) participates in SuperReturn Middle East 2015, the leading private equity forum in the MENA region, which takes place from 8-11 November at the Ritz Carlton, Dubai International Financial Centre.

SuperReturn Middle East welcomes more than 400 attendees from across the private equity industry, including leading General Partners (GPs) and influential international and regional Limited Partners (LPs).

FEP brought its own unique experience to the forum, through its status as a GCC Private Equity investor with the largest presence in Egypt, managing the country’s foremost steel producer, Egyptian Steel.

Egyptian Steel was established in 2010, in the field of manufacturing and rolling of steel. Egyptian Steel owns four factories, of which two are green field projects. By 2017, when all factories are operational, it will control around 20% of Egypt’s local steel market.

As part of the forum, three senior members of FEP’s team have been invited to lead panel discussions on essential talking points in today’s private equity industry. On 8 November, Omar El Maghawry, Deputy CEO of First Equity Partners and Managing Director of FEP Capital, examined: “Sourcing & Accessing Deal Flow in North Africa.”

Subjects he explored include whether there is such thing as proprietary deal flow in North Africa, how companies can convince a family business that private equity is the right source of capital, and how hands on companies need to be.

The following day, Qais Al Maskati, Managing Director and CEO of FEP, lead a discussion on ‘Who wins the Quality Deals?’. This encompassed an understanding of how local GPs, international GPs and strategists have collaborated on some of the MENA region’s most successful deals – and how this is changing the deal landscape.

Finally, Hakim Saligane moderated a session entitled “Drilling into Infrastructure”, which discussed how governments in Mena region are encouraging infrastructure investments and which opportunities have the potential to provide protected, risk-adjusted returns. The session also looked into how managers can account for lumpiness in such projects given the nature of these investments.

According to Qais Al Maskati; “The Super Return event was a great platform for FEP to demonstrate its thought and operational leadership in the MENA private equity marketplace and it’s our honor to be part of such a prestigious conference as sponsors.”