EMP Global has been active in the Middle East, North Africa, and Islamic countries in Asia since late 1990s. EMP Bahrain, an affiliate of EMP Global, manages the Islamic Development Bank Infrastructure Fund. The Fund was formally closed in November 2001 and consists of two investment vehicles, a US $730.5 million Equity Fund and an additional US $200 million Complementary Finance Facility. The Fund has committed in excess of US$500 million to a range of companies operating in the region.
With strong GDP growth and economic liberalization, the investment climate in the region is steadily becoming more attractive for private equity investment. These changes, coupled with developing regional capital markets, are generating significant investment and exit opportunities. Our goal is to achieve superior returns for investors while minimizing risk through careful selection of projects, extensive analysis and financial structuring.
Our professional team, based in Bahrain, combines EMP's global financial investment experience with extensive regional knowledge. Overtime, we have developed an extensive network of contacts that includes leading business, government leaders, family offices, multinational corporations, industry experts, and multilateral development institutions active in the region.
We concentrate on sectors where there is a regional comparative advantage such as petrochemicals, and on companies with strong management and exceptional growth prospects. We typically invest with world class strategic partners who are leaders in their respective fields and have deep knowledge of the complexities of operating in the local environments. The current portfolio includes investments in the power, petrochemical, telecom, airline, airports and toll road sectors. While the IDB Fund is not bound to invest solely in Islamic financial products, it supports and promotes the use of such products in its investments, where appropriate.
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