RIYADH – Jadwa Investment has been named the “Best Private Equity House in the Middle East” by EMEA Finance, and the 'Best Investment Research Provider' by The Banker Middle East. The awards recognize Jadwa's achievements in raising and deploying a significant share of private equity capital invested in Saudi Arabia in 2012, as well as the firm's renowned capabilities in providing thoughtful economic and market research coverage. Through its investments in private equity transactions, Jadwa seeks to generate superior market returns for its investors by partnering up with shareholders in successful enterprises and working closely with them towards realizing their full promise and potential. Jadwa has invested a total of over $1 billion in private equity transactions since its inception. Ahmed Al-Khateeb, Managing Director and CEO of Jadwa Investment, said: "Winning the EMEA Finance Middle East Award, which is considered one of the major awards in the Middle East, is a testament to the strength of our private equity team and their ability to successfully close two landmark transactions in 2012; the acquisitions of a 35 percent stake in Abdulmohsen Al Hokair Group for Tourism and Development Company, and a 30 percent stake in Al-Hammadi Company for Development and Investment. Similarly, the award for 'Best Investment Research Provider' from The Banker Middle East highlights our strength in the region at issuing a wide range of high quality research reports, in both Arabic and English. These reports are made possible by Jadwa's outstanding professional research team and are well received in the market by economists and investors." "Winning such prestigious awards is a reflection of our commitment to providing products and services which meet our clients' requirements, and are a recognition of our ability to develop solutions which contribute to the evolution of Shariah-complaint investment products both locally and globally. The awards are further proof of the high caliber of Jadwa's professionals and their commitment to providing the highest global standards in investment management,” Al-Khateeb added. — SG
