The management company was established as a partnership between Acumen Asset Management, bpe partners (formerly Beltone Private Equity), Mr. Hany Tawfiq, an investment pioneer in Egypt, in addition to having an alliance with Coldwell Banker Egypt.
bpe partners – One of Egypt’s largest private equity firms:
- bpe partners was founded in 2006
- the company has more than 15 investment professionals
- it has controlling stakes in more than 16 companies
- The company has EGP 12.4 billion in direct investments encompassing 8 funds and investment firms in various sectors
- the company built a successful track record in exiting investments, and achieving high returns to its investors
Acumen Asset Management – one of the biggest asset managers in Egypt:
- Acumen Asset Management was founded in 2010 as a subsidiary of Acumen Holding
- The team has more than 22 years’ experience in the financial services sector
- The company’s assets under management are currently north of EGP 700 million, with its client base including public sector entities, Egyptian and Arab institutions and high net worth individuals
Mr. Hany Tawfiq – a Pioneer in Capital Markets in Egypt
- Tawfiq is the founder and chairman of Egyptian Private Equity and the Arab Private Equity Associations and the former secretary general of Egyptian Capital Market Association
- Hany Tawfiq is a key participant in the Egyptian capital market over the past 38 years, where he played a pivotal role in establishing and developing EFG-Hermes Holding (1982-1997), Egycap Investments (1998-2001), Arabeya Online (2006-2008) and Naeem Holding (2007-2009)
- He is a member of Egypt’ sovereign asset management committee since 2014
- Coldwell Banker Egypt Track Record in the business and commercial sectors
- The company was a key participant in marketing the biggest business and commercial projects achieving total sales of EGP 1.82 billion over the period from 2009 to 2013
The shareholders and board of the company has extensive experience in various investment fields:
Real Estate Investment:
- A real estate investment is considered one of the prominent investment tools in Egypt, in which bpe partners has total investments of over EGP 1 billion. This includes:
- Acquiring a controlling stake in Madinet Nasr Housing and Development
- Establishing a real estate management company, Ismaelia Real Estate Investments
- The team enjoys a vast experience in launching residential and commercial projects in Egypt and the GCC countries
Private Equity
- bpe partners has a diversified investment portfolio that span different sectors including energy, engineering consultancy, information technology, tourism, retail, manufacturing, pharmaceuticals and healthcare. The most prominent of which are:
- The strategic alliance with Total International to acquire 19% of Total Egypt
- Acquiring 24% of Pickalbatros Hotels, which owns one of the largest hotel chains in Egypt, successfully increasing its number of bedrooms from 4,500 to 8,400
Asset Management
- The founders of Acumen Asset Management enjoy extensive experience in fixed income and equity investment. The company manages portfolios and funds in excess of EGP 700 million
- Funds managed by the company are:
- Bank Audi Balanced Fund “Ezdehar”
- Misr El Kheir Fund
The company’s management encompass pioneers in the investment field
Name
|
Profile
|
Mr. Hany Tawfiq Chairman
|
Founder and Chairman of Egyptian Private Equity Association |
Mr. Mohamed Hazem Barakat Deputy Chairman |
Founder, Chairman and Managing Director of bpe partners |
Mr. Tarek Hegazy Managing Director |
Partner in bpe partnersMr. Tarek worked on launching mega real estate projects in Egypt and the GCC countries. He also worked at McKinsey, Madinet Nasr Housing and Emaar Misr |
Mr. Alaa Eldin Hassona ElSaba Board member |
Founder of Beltone Financial |
Mr. Mohamed AbdAllah Ali Board member |
The Chairman of Acumen Brokerage and Coldwell Banker Egypt, the first and largest real estate agents in Egypt |
Mrs. Rana Mohamed Adawi Board member |
Founder, Chairman and Managing Director of Acumen Asset Management |
Mr. Hesham Bin Helal ElSewedy Board member |
Chairman of Acumen Holding, Energya Industries, Energya Cables, Energya Steel, and Energya Electrical Industries |