Thursday 2 July 2015

Ex-Deutsche Banker Goes Solo With Abu Dhabi Sheikh’s Backing - Bloomberg Business

Ex-Deutsche Banker Goes Solo With Abu Dhabi Sheikh’s Backing - Bloomberg Business:



"A former Deutsche Bank AG banker is starting a Middle East-focused private-equity and advisory firm backed by an Abu Dhabi sheikh that plans to capitalize on rising investment opportunities in the region.



Shailesh Doshi, previously co-head of the German bank’s Gulf investment-banking coverage, is setting up Aramis Partners in the Dubai International Financial Centre, he said in an interview. The firm, which is seeking a regulatory license, will be chaired by Sheikh Sultan Bin Tahnoon Al Nahyan, a member of the Abu Dhabi royal family who’s on the emirate’s supreme council and chairman of its Department of Transport.



“The Middle East is going to play an increasingly important role in the global business landscape going forward,” Doshi said. “There’s a meaningful opportunity for a well-connected firm like ours to provide high-quality advice and make targeted private-equity investments,” he said."



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