أشفق أحمد, Investment Manager

أشفق أحمد

Investment Manager

Fair Real Estate

البلد
الكويت
التعليم
ماجستير, Finance
الخبرات
19 years, 0 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :19 years, 0 أشهر

Investment Manager في Fair Real Estate
  • الكويت - الكويت
  • أشغل هذه الوظيفة منذ يوليو 2011

PORTFOLIO MANAGEMENT
Managing company’s portfolio of Assets under management worth USD 300 million.
 Kuwait real estate development portfolio worth USD 70 million.
 Iraq real estate development portfolio.

TASK EXECUTED TO MANAGE THE PORTFOLIO:
 Valuation for acquisition of real estate property in the portfolio.
 Financial Analysis, planning and feasibility study.
 Cash flow analysis and forecasting future liquidity commitment in the project.
 Track performance of the real estate projects.
 Review on-site project managers monthly report on project for timely execution.
 Enhance established management information and control procedure.
 Budget approvals, budgetary control and variance analysis.
 Timely and periodic reporting to top management of work in progress in projects.

INVESTMENT REVIEW AND PROJECT REVIEW FOR DUE DILIGENCE
Reviewed and presented recommendations on the following proposed investments:
 UK residential properties.
 Kuwait Residential Investment Projects with estimated portfolio IRR of 40%.
 Iraq Hotel, Mall Hotel and Housing projects.
 Iraq Mixed use (Hotel, Mall and Housing) waterfront development projects.
 Exposure to various industries to establish Greenfield projects in Iraq.
 Aluminum can
 Sugar mill
 Flour mill plant
 Packed juice plant
 Poultry farm project to produce broiler and egg layer project
 Snacks factory to produce potato chips

Senior Investment Analyst في AREF INVESTMENT GROUP, A KFH SUBSIDIARY.
  • الكويت - الكويت
  • ديسمبر 2006 إلى يوليو 2011

PORTFOLIO MANAGEMENT
Associate of International Investment team that has Assets under management worth USD 1.7 billion in US, UK, Saudi Arabia and Kuwait managing the teams:
 US lease funds and real estate development portfolio worth USD 228 million
 UK real estate and rental portfolio worth USD 60 million.
 Kuwait real estate development portfolio of USD 130 million.

TASKS EXECUTED TO MANAGE THE PORTFOLIO:
 Track funds - Investment, income, manage fee, distribution and capital redemption.
 Track real estate projects - Sales, distribution, rentals, commission and accounts.
 Valuation of real estate properties in the portfolio.
 Cash flow analysis and forecast liquidity concerns to meet commitments in project.
 Preparing feasibility study for the new projects.
 Keeping real time track of the sales activity based on the feasibility report prepared.
 Comply with legal and administrative requirements of the properties in the portfolio.
 Rental management of properties through managing agents and internal control.
 Scrutinize project manager’s report for timely execution.
 Continuous effort to exit from projects in stages with a goal to achieve maximum return and keep track of offers and transactions and strike the most appropriate deal.

RESTRUCTURING ASSIGNMENTS
Associate of a team that was assigned with special task of restructuring and consolidation of the group real estate activity worth USD 1.3 billion. The team’s efforts and work was highly appreciated by the top management of AREF throughout the execution. Under restructuring assignments the work extensively included assets valuation, projected financials, cash flow and impact analysis.
 Develop restructuring proposal needed at a crucial point in time for one of the group’s listed real estate company in Kuwait to sustain the business of the entity as a going concern.
 Restructuring proposal for real estate portfolio through consolidation of investments.
 Restructuring proposal for Investor portfolio in real estate through asset swap.
 Merger proposal of two listed real estate companies.
 Liaison with independent industry professionals for tasks on appropriate evaluations.

VALUATION FOR ACQUISITION
 A Kuwait listed real estate company’s 25% Equity stake worth USD 157 million, the deal was successfully executed.
 Office building in Virginia and Multi-purpose tower development in Park Avenue in United States.
 Office building in Kuwait for prospective acquisition transaction.
 Villa development project in Oman.
 Majority Equity of airline in Africa and Asia.

FINANCIAL ANALYSIS, PLANNING AND FEASIBILITY STUDY
 Prepared Business Plan with focus on financial projection and planning.
 Feasibility study for raising capital of a Kuwait listed investment company from KD. 30 million to KD. 100 million.

INVESTMENT REVIEW, PROJECT REVIEW AND EQUITY RESEARCH
Reviewed and presented recommendations on the following investments:
 Mixed use waterfront development project in Dubai.
 Investment review of mixed housing residential development in Bahrain.
 Master plan residential development in Africa.
 Equity research for valuing equity of a listed financial institution in Kuwait.

Financial Analyst في Khazaen Venture Capital
  • الكويت - الكويت
  • ديسمبر 2005 إلى ديسمبر 2006

 Financial Analysis & Projection
 Valuation
 Market & Industry Review
 Due diligence & Feasibility studies

Senior Officer في ICIC Bank India Ltd.
  • الهند
  • أبريل 2005 إلى أكتوبر 2005

During my short period of work experience with India’s second largest bank and the largest private sector bank in India, I had overall quality experience and understanding of Banking and gained understanding of the nature and peculiarities of Banking.

الخلفية التعليمية

ماجستير, Finance
  • في Mumbai University
  • مارس 2005
بكالوريوس, Commerce
  • في MLS University
  • مارس 2003
الثانوية العامة أو ما يعادلها, Commerce
  • في Higher Secondary School
  • يناير 2000

2000 The Indian School Kuwait, Kuwait Higher Secondary School

Specialties & Skills

Microsoft Excel
Presentations
Analysis
Finance
Investments
Investment and Finance
ALUMINUM
DUE DILIGENCE
FEASIBILITY
FINANCIAL ANALYSIS
FORECASTING
MILLION
PROGRESS
VARIANCE ANALYSIS
Investment and Finance

اللغات

الهندية
مبتدئ
الأوردو
مبتدئ
العربية
مبتدئ
الانجليزية
متمرّس

التدريب و الشهادات

Communication Skills (تدريب)
معهد التدريب:
ICICI Bank
تاريخ الدورة:
August 2005
Retail Branch Operation (تدريب)
معهد التدريب:
ICICI Bank
تاريخ الدورة:
July 2005
Financial and Valuation Modeling (تدريب)
معهد التدريب:
Wall Street Prep
تاريخ الدورة:
March 2009