{"id":621351,"date":"2018-11-06T04:11:26","date_gmt":"2018-11-06T04:11:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/hc-launches-pe-firm-in-egypt\/"},"modified":"2018-11-06T04:11:26","modified_gmt":"2018-11-06T04:11:26","slug":"hc-launches-pe-firm-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/hc-launches-pe-firm-in-egypt\/","title":{"rendered":"HC launches PE firm in Egypt"},"content":{"rendered":"

<\/a> HC launches private equity arm: <\/strong>HC Securities & Investment launched on Monday a private equity arm that will invest in mid-cap companies across a range of industries, the company said in a press release (pdf)<\/a>. HC will invest its own funds and will raise outside capital from limited partners on a transaction-by-transaction basis, it said. The new PE arm will focus on \u201cexceptional entrepreneurs and great management teams that are looking to accelerate growth in their businesses,\u201d the statement noted. \u201cI am delighted to announce the firm\u2019s foray into private equity. We are hopeful in not only creating long-term value for our partners and our investors but also supporting the Central Bank of Egypt\u2019s initiative to back thriving medium sized Egyptian companies,\u201d said HC founder, chairman, and managing director Hussein Choucri.<\/p>\n

The new firm will be headed by Wall Street veteran Ahmed Dessouky <\/strong>(LinkedIn<\/a>), a seven-year veteran of Deutsche Bank who crossed over to private equity with Lone Star and Silverpeak Partners in the United States. Dessouky worked on project finance and then investment banking at Deutsche.<\/p>\n","protected":false},"excerpt":{"rendered":"

HC launches private equity arm: HC Securities & Investment launched on Monday a private equity arm that will invest in mid-cap companies across a range of industries, the company said in a press release (pdf). HC will invest its own funds and will raise outside capital from limited partners on a transaction-by-transaction basis, it said. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[11905,72,7087,811,758,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621351","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-ahmed-dessouky","tag-enterpriseam","tag-finance","tag-hc-securities","tag-private-equity","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"63af1080-3dc6-48cc-b94e-44548bb428e4","order":"0","is_powered_by":true,"section_story_id":"f5b7622f-0b7a-42ec-b17f-b72982ea64af","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621342],"teaser":"","voice_url":""},"yoast_head":"\nHC launches PE firm in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/hc-launches-pe-firm-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HC launches PE firm in Egypt\" \/>\n<meta property=\"og:description\" content=\"HC launches private equity arm: HC Securities & Investment launched on Monday a private equity arm that will invest in mid-cap companies across a range of industries, the company said in a press release (pdf). 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