Citadel Capital Hires Mohsen Mansour as a Vice President

Mohsen Mansour joins Citadel Capital's equity team as a Vice President.

Citadel Capital, the leading private equity firm in the Middle East and North Africa with US$ 8.3 billion in investments under control, announced today that it has hired Mohsen Mansour as a Vice President. Mansour is one of five recent hires as the firm looks to expand its world-class team as it continues investing in what it believes will be an outstanding vintage year for private equity.

Mansour comes to Citadel Capital after 14 years at EFG-Hermes, where he worked across a number of sales roles throughout Saudi Arabia and the Gulf. Mansour most recently headed the Gulf sales function for all EFG-Hermes product lines from the investment bank’s Riyadh office.

“We are delighted to have Mohsen Mansour join Citadel Capital as a Vice President responsible for expanding our placement in the Gulf,” said Ahmed Heikal, Citadel Capital’s Chairman and Founder. “After two years of nurturing our existing platforms, it is time for us to embark on a wave of new deals and Mohsen will be part of a team that raises financing for those deals.”

Earlier this year, Citadel Capital raised more than US$ 100 million in successive rights issues in an effort to expand the firm’s ability to take sizable equity stake in future opportunities. In addition, the firm raised USD 150 million for equity and equity-linked products. As a control investor, Citadel Capital aims to hold a 10 to 20 percent stake in most investments, with the remaining ownership going to individual or institutional financial investors from Egypt, the Arab world and Europe.

Mansour holds a BSc degree in Mechanical Engineering from Cairo University.

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Citadel Capital is the leading private equity firm in the Middle East and North Africa. The firm focuses on building platform investments throughout the region in select industries through acquisitions, turnarounds, and greenfields executed via Opportunity Specific Funds. Citadel Capital’s 19 OSFs now control Platform Companies with investments worth more than US$ 8.3 billion in 14 industries, including mining, cement, transportation, food and energy. Since 2004, the firm has returned more than US$ 2.2 billion in cash to investors, more than any other private equity firm in the region.

For more information, please contact:

Ms. Ghada Hammouda
Head of Corporate Communications,
Citadel Capital (S.A.E.)

g...@qalaaholdings.com (click to reveal this email)

Tel: +20 2 2791-4440 • Fax: +20 22 791-4448
Mobile: +20 16 662-0002