Head of Asset Management
Wasatah Capital
Total years of experience :24 years, 0 Months
Spearheaded a team of Fund Managers and Assistant Fund Managers. Managing high-net-worth and institutional client communication and meetings. Preparing investment committee memos and presentations, providing key insights. Analyzing current market trends, interest rates, inflation, and economic growth forecast to formulate future plans.
• Led the structuring and public offering of SAR 150.0 Million Alwaha REIT at NOMU Parallel Market
• Analysed real estate properties for acquisition, distilled and valued the potential targets
• Structured and managed three private funds in healthcare and food & beverages sectors
• Managed a public fund investing in Saudi equities
• Recommended various modifications in investment strategies based on new market conditions
Lead and oversaw M&A and ECM transactions, providing strategic guidance and driving the execution process from inception to closure. Fostered and maintained relationships with key stakeholders, including clients, regulatory bodies, financial and legal advisors. Originated new business opportunities by identifying potential clients, analyzing their needs, and formulating and presenting tailored solutions. Provided expert financial analysis and valuations, utilizing sophisticated financial models for mergers, acquisitions and capital raising transactions. Guided and mentored junior team members.
• Advised Al Ahlia Cooperative Insurance on its merger transaction with Gulf Union
• Buy-Side advisory for a SAR108M acquisition of Premier Foods for Almarai Company
• Buy-Side advisory for a SAR12.8M acquisition of AlRoqi Schools for Alkhaleej Education
• Sell side advisory to Alwafi Takamul Food International Food Limited Company, Rehab Almarefa Schools, Alaziziah Private Schools Khobar and Middle East Chemical Company
• IPO advisory to Raoom Trading Company for the NOMU Parallel Market
• IPO readiness and development of business plan for National Water Works Company
• Review and update of business plan and feasibility study for Saudi Real Estate Company for debt restructuring
• Advised NAFT Services Company Limited on its real estate assets carve-out transaction
• Capital reduction advisory to National Metal Manufacturing & Casting Company, Al Gassim Investment Holding Company, Wafrah for Industry & Development Company and Saudi Arabian Amiantit Company
• Rights issue advisory and underwriting to Tabuk Agriculture Company, Bank Al Jazira, Methanol Chemicals Company, Saudi Paper Manufacturing Co, and Anaam International Holding
• Negotiated a SAR 250M financing for Alkhaleej Training & Education to build kindergarten schools
• Advised Alkhaleej Training and Education on sale and lease back transaction of SAR 75 million
Secured three sell-side M&A contracts in healthcare and educational sectors, whilst directing high-performing team. Developed relationships with new and existing clients. Guided junior professionals in devising financial and cash flow projection models. Assured on-time completion of high-value projects through effective task delegation, administration and evaluation.
• Arranged $100M Islamic debt for Alrowad International School Company
• Sell-side advisory for Adwa'a Al Riyadh School Company for sale to Alkhabeer Capital
• Sell-side advisory for Global Beverage Company for sale to existing shareholders
• Sell-side advisory for Muhaidib Dental Group
• Sell-side advisory for Alrowad International School Company for sale to Tadrees Holding
• Sell-side advisory for Madinah Plastics Factory for sale to undisclosed investor
• Sell-side advisory for Frigoglass Jebel Ali FZCO for sale to existing shareholders
• Sell-side advisory for Dr. Omar Suliman Al-Ajaji Medical Company sale for sale to AlKhabeer Capital
• Prepared feasibility study for Durrah Sugar Refinery and a specialised orthopaedic surgical hospital
Advised the family office on private equity and venture capital transactions. Identified potential strategic investments and supervised origination, negotiation and structuring. Distilled salient points from pitch books, memorandums to derive a point of view and present it to board. Monitored investments against benchmarks, reviewed strategic plans and attended meetings.
• Acquired and monitored equity investments in SCITUS Cement China and JP Morgan AIRRO Fund
• Acquired equity stakes in OCTAL Petrochemicals Oman and participated in capital increase for expansion
• Invested in Manara Wartsila Power Fund, Dawood Islamic Bank and Gulf African Bank
• Sourced, screened and acquired stakes at different funding rounds of Atrium Co, DEPA, Bell Canada, Teneros Inc, Canadian Rockport Homes, ACT Airline, Miradia Inc, MarketTools Inc, Motricity Inc and Gulf Housing Solutions
Managed a team of professionals to acquire and manage investments in various sectors for GCC investors. Lead the project development team for USD 1.3Bln NPK Fertilizer Complex Project (JV with IPIC)
Directed the operations and sales planning and implementing. Managed 5 product managers and 36 operational staff from purchasing, warehouse and logistics. Improved product availability, increased stock turn
Managed sales, telesales, customer services and marketing staff of 35. Introduced sales targets for the country and ensure these targets were met and exceeded. Conducted regular reviews of revenues and the implementation of pricing programs
Managed all financial and administration activities of project. Provided analysis of budget, financial reports to head office
Oversaw the timely submission of all financial reports for head office. Prepared project bills and maintained billing accounts. Managed day to day accounting activities. Ensured effective external audits and reviews