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CdR Capital expands Gulf reach

CdR Capital, a private investment group with offices in Geneva and London, is continuing to build its global presence with a board appointment in Dubai, where the company has established operations.

Faysal Badran has joined CdR Capital as a Board Director in Dubai. In this role, he will work alongside Omar Ayache, Omar El-Abd and Nicolas Salloum in developing the group’s franchise in the Gulf, as well as internationally.

With more than 20 years’ experience in investments across both asset and risk management, Faysal’s skillset is ideally suited to CdR Capital’s markets-focused advisory approach.

“Some of our cornerstone clients are based in the Middle East so we have always had an office in Dubai. Now that we have established an asset management business in London, we are ready to offer a full suite of services globally,” said Omar Ayache, Co-Founder and Managing Partner at CdR Geneva.

“Faysal’s appointment as a Director to our board in Dubai represents the next step towards deepening our regional footprint,” said Steve Smith, Co-Founder and Managing Partner in London, adding, “We have both known Faysal since our Bankers Trust and UBS days and have always looked for ways to work together.”

Before moving to Saudi Arabia to join National Commercial Bank in 2006, Faysal’s career in financial services, which started in 1989 at The Chase Manhattan bank, has spanned roles in Beirut, Geneva, London and Paris.

As head of asset management and chief investment officer at NCB Capital, the National Commercial Bank’s Jeddah-based investment arm, Faysal ran a team of 45 professionals and $12 billion in assets under management.

Most recently, Faysal was chief investment officer at the Savola Group, a Saudi Arabian industrial company, a role in which he has been leading investments, corporate strategy and acquisitions.

“After more than 20 years working in large institutions, I am looking forward to the entrepreneurial opportunities of a boutique environment and to help build CdR Capital in the Gulf and internationally,” said Faysal Badran.

Co-founded by Smith and Ayache, both of whom first worked together at SBC O’Connor, later UBS, CdR Capital started in Geneva as a private investment office in 2012, serving a core group of large families and institutions with a Swiss, European and Middle Eastern bias.

With offices in Dubai, London and Geneva, CdR Capital recently announced a joint venture partnership with CdR Hollander, whose principal offices are in Miami and São Paulo.

Today, CdR Capital and CdR Hollander have combined fee earning assets in excess of $ 3 billion. This includes a joint interest in two funds of hedge funds with Tages Capital.

For further information contact: Niki Natarajan +44 203 861 9900

 

CdR Capital

CdR Capital was founded in 2012 by Steve Smith and Omar Ayache in Geneva as a private investment office, serving a core group of large families and institutions. It also has offices in Dubai and London as well as a joint venture with CdR Hollander, whose principal offices are in Miami and São Paulo.

See website for further information on CdR Capital