Tuareg Capital is a private equity firm focused on investment opportunities in North Africa, with a primary focus on Libya
Overview
Tuareg Capital is a private equity firm focused on investment opportunities in North Africa, with a primary focus on Libya. We make and advise on investment opportunities through proprietary or third party funds, partnerships and special purpose vehicles.
With a presence in Tripoli, Bahrain and London, our team is a dynamic, professional one with extensive financial experience. We have a deep understanding and commitment to the region.
Our strengths are drawn from our collective international and regional experience at a variety of renowned financial institutions; our local knowledge and presence on the ground; our depth of contacts and relationships, domestically, regionally and in the broader international arena.
Our shareholders include some of the most prominent business groups and entrepreneurs in the region. As founding shareholders, ASA Consultants (“ASA”) and United Gulf Industries Corporation B.S.C (“UGIC”), both based in the Kingdom of Bahrain, bring a wealth of experience, relationships, and industry knowledge to our operating platform. Critically, they help us to leverage our team’s strengths to our clients’ advantage.
Our Co-Founding Shareholders
ASA Consultants
ASA was founded in 1994 by Mr. Abdulla A. Saudi, the Founding President & Chief Executive of Arab Banking Corporation. It is an independent advisory firm licensed by the Central Bank of Bahrain, with offices in Bahrain & Libya. ASA advises clients on asset allocation and portfolio management, in addition to providing a range of corporate finance, institutional investment and M&A services to regional and international financial institutions, governments and corporations. Transactions that ASA has led or participated in include the privatisation of Italian television network ‘Mediaset’, the re-capitalisation of ‘Banca di Roma’ (now ‘Capitalia’) in Italy, the acquisition of Credit Libanais in Beirut, the capital restructuring of the Housing Bank for Trade & Finance in Jordan and the sale of ABN-Amro Bank’s Bahrain banking operations to BankMuscat. ASA is uniquely positioned to combine its relationships and insights into the Arab world with its international financial markets experience.
United Gulf Industries Corporation B.S.C
UGIC is a public Shareholding company listed on the Bahrain Stock Exchange. UGIC’s principal objectives are to (i) develop and promote industrial, chemical, and energy related projects, primarily in the Gulf region, (ii) identify and invest in direct investment opportunities (private equity) and (iii) invest in listed stocks and other financial instruments directly or through collective investment schemes such as funds and partnerships. UGIC is considered a pioneer in identifying, developing, financing and the sponsoring of mid to large-size industrial projects in Saudi Arabia and Bahrain. UGIC’s partners in such projects include Saudi Arabian Basic Industrial Company (“SABIC”), Gulf Investment Company, Kuwait (“GIC”), Qatar National Steel and others. UGIC’s investments include Gulf Ferro Alloys Company, Dhahran Chemical Industries & Marketing Company, Arabian Industrial Fibers Company and Yanbu National Petrochemical Company. UGIC is also a founding shareholder in the Middle East’s first stainless steel company, United Stainless Steel Company, located in Bahrain. The company’s portfolio also includes investments in a variety of funds managed by third parties. UGIC’s major shareholders include some of the most prominent industrial, trading and business groups in the GCC countries.
Tuareg Capital is a private equity firm focused on investment opportunities in North Africa, with a primary focus on Libya. We make and advise on investment opportunities through proprietary or third party funds, partnerships and special purpose vehicles.
With a presence in Tripoli, Bahrain and London, our team is a dynamic, professional one with extensive financial experience. We have a deep understanding and commitment to the region.
Our strengths are drawn from our collective international and regional experience at a variety of renowned financial institutions; our local knowledge and presence on the ground; our depth of contacts and relationships, domestically, regionally and in the broader international arena.
Our shareholders include some of the most prominent business groups and entrepreneurs in the region. As founding shareholders, ASA Consultants (“ASA”) and United Gulf Industries Corporation B.S.C (“UGIC”), both based in the Kingdom of Bahrain, bring a wealth of experience, relationships, and industry knowledge to our operating platform. Critically, they help us to leverage our team’s strengths to our clients’ advantage.
Our Co-Founding Shareholders
ASA Consultants
ASA was founded in 1994 by Mr. Abdulla A. Saudi, the Founding President & Chief Executive of Arab Banking Corporation. It is an independent advisory firm licensed by the Central Bank of Bahrain, with offices in Bahrain & Libya. ASA advises clients on asset allocation and portfolio management, in addition to providing a range of corporate finance, institutional investment and M&A services to regional and international financial institutions, governments and corporations. Transactions that ASA has led or participated in include the privatisation of Italian television network ‘Mediaset’, the re-capitalisation of ‘Banca di Roma’ (now ‘Capitalia’) in Italy, the acquisition of Credit Libanais in Beirut, the capital restructuring of the Housing Bank for Trade & Finance in Jordan and the sale of ABN-Amro Bank’s Bahrain banking operations to BankMuscat. ASA is uniquely positioned to combine its relationships and insights into the Arab world with its international financial markets experience.
United Gulf Industries Corporation B.S.C
UGIC is a public Shareholding company listed on the Bahrain Stock Exchange. UGIC’s principal objectives are to (i) develop and promote industrial, chemical, and energy related projects, primarily in the Gulf region, (ii) identify and invest in direct investment opportunities (private equity) and (iii) invest in listed stocks and other financial instruments directly or through collective investment schemes such as funds and partnerships. UGIC is considered a pioneer in identifying, developing, financing and the sponsoring of mid to large-size industrial projects in Saudi Arabia and Bahrain. UGIC’s partners in such projects include Saudi Arabian Basic Industrial Company (“SABIC”), Gulf Investment Company, Kuwait (“GIC”), Qatar National Steel and others. UGIC’s investments include Gulf Ferro Alloys Company, Dhahran Chemical Industries & Marketing Company, Arabian Industrial Fibers Company and Yanbu National Petrochemical Company. UGIC is also a founding shareholder in the Middle East’s first stainless steel company, United Stainless Steel Company, located in Bahrain. The company’s portfolio also includes investments in a variety of funds managed by third parties. UGIC’s major shareholders include some of the most prominent industrial, trading and business groups in the GCC countries.