Moves: Compass appoints Tarek Rahman as managing director

MOVES- Private equity firm Compass has appointed Tarek Abdel Rahman (LinkedIn) as managing partner, according to a press release. Abdel Rahman served for five years as co-CEO of Palm Hills Developments, which he joined after a 15-year run as an investment banker with Citi and Beltone. Prior to joining PHD, Abdel Rahman was co-founder and MD at M&A boutique Akanar Partners, which was bought out by Arqaam in 2016. “We are extremely pleased to welcome Tarek on board where he will be jointly leading the firm,” said Compass Founder and Chairman Shamel Aboul Fadl. “His unique investment background and expertise as the co-CEO of one of Egypt’s leading real estate developers is invaluable to us at this stage in our growth story,” he added.