{"id":647106,"date":"2017-05-02T04:00:44","date_gmt":"2017-05-02T04:00:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/"},"modified":"2017-05-02T04:00:44","modified_gmt":"2017-05-02T04:00:44","slug":"efsa-lifts-acumen-bpe-suspension","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/","title":{"rendered":"EFSA lifts Acumen-BPE suspension"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> The Egyptian Financial Supervisory Authority (EFSA) has lifted a three-year suspension it <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/12\/efsa-suspends-acumen-beltone-for-three-years\/\">had placed<\/a> on asset manager Acumen-BPE in February, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=331935\">Al Mal<\/a> reports. Acumen-Beltone is a JV between Acumen Holding and BPE Partners (formerly Beltone Private Equity). The asset manager\u2019s suspension came after the company\u2019s general assembly voted to suspend activities until it rebranded as Acumen-BPE and secures new business. Chairman Hany Tawfik the move was made in order to avoid certain fixed costs and was reversed once the company submitted a request to EFSA to do so.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Financial Supervisory Authority (EFSA) has lifted a three-year suspension it had placed on asset manager Acumen-BPE in February, Al Mal reports. Acumen-Beltone is a JV between Acumen Holding and BPE Partners (formerly Beltone Private Equity). The asset manager\u2019s suspension came after the company\u2019s general assembly voted to suspend activities until it rebranded as [&hellip;]<\/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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647106","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e78dd66a-2f27-4996-bff5-c70c834f32bd","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647069],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EFSA lifts Acumen-BPE suspension - 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\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFSA lifts Acumen-BPE suspension\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Financial Supervisory Authority (EFSA) has lifted a three-year suspension it had placed on asset manager Acumen-BPE in February, Al Mal reports. Acumen-Beltone is a JV between Acumen Holding and BPE Partners (formerly Beltone Private Equity). The asset manager\u2019s suspension came after the company\u2019s general assembly voted to suspend activities until it rebranded as [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-02T04:00:44+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EFSA lifts Acumen-BPE suspension\",\"datePublished\":\"2017-05-02T04:00:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/\",\"name\":\"EFSA lifts Acumen-BPE suspension - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-02T04:00:44+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EFSA lifts Acumen-BPE suspension\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EFSA lifts Acumen-BPE suspension - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/efsa-lifts-acumen-bpe-suspension\/","og_locale":"en_US","og_type":"article","og_title":"EFSA lifts Acumen-BPE suspension","og_description":"The Egyptian Financial Supervisory Authority (EFSA) has lifted a three-year suspension it had placed on asset manager Acumen-BPE in February, Al Mal reports. Acumen-Beltone is a JV between Acumen Holding and BPE Partners (formerly Beltone Private Equity). 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The Egyptian Financial Supervisory Authority (EFSA) has handed asset manager Acumen-Beltone a three-year suspension, Al Mal reported. Acumen-Beltone chairman Hany Tawfik tells the newspaper that the move came after the company\u2019s general assembly voted six months ago to suspend activities until it rebrands as\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642968,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/acumen-bpe-to-begin-marketing-new-egp-1-bn-real-estate-fund-in-september\/","url_meta":{"origin":647106,"position":1},"title":"Acumen-BPE to begin marketing new EGP 1 bn real estate fund in September","author":"enterpriseam admin","date":"27 August 2017","format":false,"excerpt":"Acumen-BPE will begin marketing the Housing and Development Bank\u2019s EGP 1 bn real estate fund in September once it receives the green light from the Egyptian Financial Supervisory Authority, Chairman Hany Tawfik said, Al Masry Al Youm reports. The first EGP 500 mn phase of the fund is set to\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635378,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/another-delay-in-launch-of-acumen-bpes-real-estate-fund\/","url_meta":{"origin":647106,"position":2},"title":"Another delay in launch of Acumen-BPE\u2019s real estate fund","author":"enterpriseam admin","date":"3 December 2017","format":false,"excerpt":"Acumen-BPE Partners will begin marketing the Housing and Development Bank\u2019s EGP 1 bn real estate fund in early 2018, after it receives approval from the Financial Regulatory Authority (FRA) in the first half of December, Chairman Hany Tawfik said yesterday, Al Masry Al Youm reports. In related news, Acumen Asset\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634662,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/acumen-bpe-gathers-egp-250-mn-in-investments\/","url_meta":{"origin":647106,"position":3},"title":"Acumen-BPE gathers EGP 250 mn in investments","author":"enterpriseam admin","date":"21 January 2018","format":false,"excerpt":"Acumen-BPE\u2019s real estate fund has secured investments of over EGP 250 mn, Chairman Hany Tawfik said, Al Mal reported. The fund is planning to attract EGP 500 mn and was scheduled to begin marketing the Housing and Development Bank\u2019s real estate fund last year but faced delays.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644937,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/06\/administrative-court-refers-beltones-lawsuit-against-efsa-egx-to-state-commissioners\/","url_meta":{"origin":647106,"position":4},"title":"Administrative Court refers Beltone\u2019s lawsuit against EFSA, EGX to State Commissioners","author":"enterpriseam admin","date":"6 July 2017","format":false,"excerpt":"The Administrative Court referred Beltone Financial\u2019s lawsuit against the bourse and Egyptian Financial Supervisory Authority (EFSA) to the State Commissioners\u2019 Authority for their legal opinion, Al Borsa reports. 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BPE has received offers to be bought out from investments in the Cairo Kidney Center and Bio Pharma Egypt, according to Omran.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=647106"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647106\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647069"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647106"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647106"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}