Gulf Capital bags ‘Best Private Equity Firm in Middle East’ for second year

The ‘Best Private Equity Firm in Middle East’ was presented to Dr. Karim El Solh, co-founder and Chief Executive Officer of Gulf Capital, Richard Dallas, Managing Director Private Equity along with the Private Equity team of Gulf Capital by Saleh Al Akrabi, Chairman of CPI Financial, and Adam Broom, Chief Operating Officer, CPI Financial.

Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, has been recognized as the "Best Private Equity Firm in the Middle East" for the second year in a row.

Gulf Capital received the honor at the annual event of the prestigious Banker Middle East Industry Awards 2012 ceremony held recently in Dubai.

The award for the "Best Private Equity Firm in Middle East" was presented to Dr. Karim El Solh, co-founder and Chief Executive Officer of Gulf Capital, Richard Dallas, Managing Director Private Equity along with the Private Equity team of Gulf Capital by Saleh Al Akrabi, Chairman of CPI Financial, and Adam Broom, Chief Operating Officer, CPI Financial.

El Solh said the "award reflects our achievements in recent years in the private equity arena including our status as one of the most active investment firms with a string of acquisitions to our credit in the last year, the strong and sustained growth of our portfolio companies despite a very difficult economic environment, and our profitable and successful exits over the last year".

"This award also recognizes Gulf Capital’s emergence as the premier regional alternative asset management firm with activities across the alternative asset classes including private equity, credit and mezzanine and real estate," he added.

Gulf Capital has witnessed a remarkable year, concluding a number of transactions across its alternative asset classes in the past 12 months. – SG