CI Capital PE for Fund Management and Investment, a CI Capital Holding subsidiary, appointed Karim Badr (LinkedIn) as CEO, according to a statement from the company seen by EnterpriseAM. Badr brings over two decades of experience in investment management, project development, and finance, as well as capital market transactions across the Middle East, Africa, and South Asia. He previously served as the head of the utilities and infrastructure sub-fund at the Sovereign Fund of Egypt and held key leadership roles at major firms like GE Power and Qalaa Holdings before joining CI Capital.

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What they said: “The appointment of Karim Badr as CEO of Private Equity marks a natural progression in CI Capital’s growth journey and a pivotal step in expanding our presence in the region’s private markets,” CI Capital Holding’s CEO Hesham Gohar said.

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