Dubai PR Network, Online Press Release from Dubai and Middle East
Filter PR by
  
Greenstone Equity Partners and Charlemagne Capital join forces to attract investors for Magna MENA Fund
Greenstone Equity Partners and Charlemagne Capital join forces to attract investors for Magna MENA Fund

Jeddah, April 22, 2015: Greenstone Equity Partners, one of the largest independent fund placement firms in the Middle East, announced its collaboration with London-based Charlemagne Capital, a $2.2 billion Emerging Markets specialist group. Charlemagne is currently raising capital for the Magna MENA Fund, a sub-fund of Charlemagne Capital’s Magna Umbrella Fund Plc, which invests in a diversified portfolio of MENA securities.

Launched in February 2011, the Magna MENA fund is focused on companies operating in the Gulf Cooperation Council, such as Saudi Arabia and the United Arab Emirates, and North Africa, such as Egypt. The fund has consistently delivered an impressive performance with an annualized return of 36% over the last three years. Magna MENA generated 201% total return as of February 2015, outperforming the S&P Pan Arab Composite Index by 138%. 

In January 2015, Magna MENA fund was presented with the Best MENA Fund Manager Performance Awards 2015 in the category of MENA Equity Fund <$50 million. Charlemagne Capital was also awarded the 2015 Lipper Award for the Best Fund Group over Three Years in the “Equity-Small” category of the Lipper Awards for each of Switzerland, Germany, Austria and pan Europe.

“We are excited to collaborate with Charlemagne Capital due to their great reputation in delivering outstanding results to investors. Their team of investment professionals is thorough and knowledgeable, and with directors and employees owning 40 per cent of the business, they are uniquely passionate about creating success,” said Omar Al-Gharabally, President of Greenstone Equity Partners. “With this relationship, we are confident that we are introducing solid investment opportunities to our clients, driven primarily by the region’s potential to generate superior economic growth over the longer term.” 

“At Charlemagne Capital, we invest in emerging markets and manage global and regional mandates that aim to deliver attractive and consistent long-term returns,” said Jayne Sutcliffe, Chief Executive of Charlemagne Capital. “The MENA region has been an important source of capital flows and wealth accumulation, and with increased liquidity, local and international investors are becoming keenly aware of the opportunities MENA equities can offer. With Greenstone Equity Partners’ thorough market knowledge and strong relationships, we believe that this collaboration will be a great asset to our operations,” she added.  

Charlemagne Capital
Charlemagne Capital is an independent asset management group, with a team of dedicated investment professionals at its heart providing a range of investment strategies in emerging and frontier markets, with a focus on equities.

Charlemagne Capital combines the spirit and vision of an entrepreneurial firm with the analytical rigor and comprehensive operational structure of a larger institution. 

Charlemagne Capital was established in 2000; with its shares traded on the Alternative Investment Market (AIM) in London since 2006. Charlemagne personnel own approximately 40% of the issued share capital of the company.

Greenstone Equity Partners 
Greenstone Equity Partners is a MENA-focused boutique investment and advisory firm specializing in multi-sector, advisory, fund placement, investment, consulting and deal structuring transactions. Based in Dubai, Greenstone's primary areas of focus are: 

•    Fund Placement
•    Investment Advisory

Greenstone provides its clients with advisory services and access to MENA-based sovereign wealth funds, institutional investors and family offices for primary and secondary placements. Greenstone places a strong emphasis on the geographical capital diversification needs of its MENA-based clients. Greenstone is generally engaged as a sole and exclusive MENA fund placement firm by global top quartile investment banks, asset managers and fund managers from both developed and developing markets.

Posted by : GoDubai PR Dept, -
Viewed 28853 times
PR Category : Banking & Investments
Posted on : Wednesday, April 22, 2015  5:56:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to

Related Stories


 
 
Most Viewed Press Release posted in the last 7 days
Korea's Number One Beauty Brand Innisfree All Set to Celebrate the Grand Opening at the Du... [9925-Views]
Sephora: Are You Ready to Join the #SephoraSquad? [9077-Views]
Emirates Post Issues Set of Commemorative Stamps for the New Logo for People of Determinat... [8760-Views]
How to Beat Pigmentation with DERMAdoctor [8516-Views]
Introducing Zeitun Premium Face Care Collection [8400-Views]
Spoil her this Mother's Day with gifts from Marks & Spencer [8046-Views]
Rate Hawk is Live with Global Innovations Flagship Product TassPro and Itinerary [7918-Views]
Cerruti 1881 - Special Product Launch for Mother's Day [7875-Views]
Enjoy a Selection of Anti-Aging Products from Beauty Solutions [7259-Views]
Achieve Gorgeous and Radiant Skin in Only 90 Seconds [7125-Views]
Swatch X 007 Introducing the New James Bond Collection and Limited Special Edition [6387-Views]
Ferragamo Sapphire Collection [6039-Views]
Tag Heuer Opens Boutique at Mall of the Emirates [5905-Views]
Dubai Chamber Honours Top-performing Trading Companies [5795-Views]
HRH the Prince of Wales Officially Opens the National Automotive Innovation Centre [5704-Views]
TBO Holidays Hotel XML API Integrated with TassPro and Itinerary HomePR & EventsTBO Holida... [5618-Views]
Get Great Hair Naturally With HASK's Latest Haircare Collections This Spring! [4929-Views]
HH Sheikh Mansour bin Mohammed Visits Dubai Sports Council [4734-Views]
Marks & Spencer Unveils its All New Menswear [4435-Views]
Mall of Oman Onboards a Host of Global Lifestyle, Fashion, and F&B Brands Ahead of Its 202... [4404-Views]
Etihad Airways to Operate Special Flights From Al Ain to Jeddah During Ramadan [4252-Views]
Visit of Punjab Minister at Al Maya Stand @ Gulfood 2020 [4081-Views]
Statement Stilettoes from Steve Madden [4075-Views]
GEMS Global Innovation Showcase 2020 Sees 1,500 Student Innovators and Entrepreneurs Exhib... [3989-Views]
Dubai Cares Donates 2,000 Books to Wanna Read? Initiative to Instill the Habit of Reading ... [3959-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories