Sr. Investment Strategist

• Jan 2022 - Present

Portfolio Manager

• Sep 2018 - Dec 2021

• Founded registered investment advisory firm focused on public equities in Africa and MENA targeted toward institutional investors. Lead PM of benchmark agnostic, high conviction strategy with focus on stock selection. • Designed bottom-up research process with explicit handling of currency risk and exante source of expected returns. Focus on generating alpha by taking long-term views on businesses with structural growth. • Implemented operational and regulatory structure including dealing with custodian, administrator, auditor, and formulated compliance manual, code of ethics, business continuity and privacy policies. • Actively marketed strategies to 150+ prospective partners and authored quarterly investment letters. Show less

Portfolio Manager

• Jun 2015 - May 2018

• Lead PM of the $390mn Africa fund (45 companies, 14 countries). Focused on stock selection, position sizing, and cash management across five share classes. • Built proprietary financial models to determine fair value by focusing on establishing a picture of the strategy, growth and sustainable cash return profile. • Lead PM of the $390mn Africa fund (45 companies, 14 countries). Focused on stock selection, position sizing, and cash management across five share classes. • Built proprietary financial models to determine fair value by focusing on establishing a picture of the strategy, growth and sustainable cash return profile.

Research Head, Asset Management

• Aug 2010 - Aug 2014

• Generated investment ideas for three regional funds ($500mn AUM) following a fundamental bottom-up philosophy. Generated a 12-month average return of +3.9% in 2011, +14.6% in 2012 and +24.6% in 2013 across various products. • Built financial models with emphasis on forecasting key revenue drivers and margins. Valuation methodologies used included DCF, DDM, and residual income. • Generated investment ideas for three regional funds ($500mn AUM) following a fundamental bottom-up philosophy. Generated a 12-month average return of +3.9% in 2011, +14.6% in 2012 and +24.6% in 2013 across various products. • Built financial models with emphasis on forecasting key revenue drivers and margins. Valuation methodologies used included DCF, DDM, and residual income.

Vice President, Equity Research

• Feb 2008 - Jul 2010

• Led team of analysts to provide research coverage on 36 Gulf Cooperative Council (GCC) listed equities - initiations, quarterly earnings releases and macro overviews. • Initiated and maintained research coverage on 14 banks in Saudi Arabia, UAE and Qatar. Sell-side lead banking analyst covering the GCC region. • Led team of analysts to provide research coverage on 36 Gulf Cooperative Council (GCC) listed equities - initiations, quarterly earnings releases and macro overviews. • Initiated and maintained research coverage on 14 banks in Saudi Arabia, UAE and Qatar. Sell-side lead banking analyst covering the GCC region.

Credit Analyst, Credit Management Group

• Apr 2003 - Jan 2008

• Assigned trading limits based on analysis of secured and unsecured counterparty exposure risks for a $60 billion non-mortgage fixed income portfolio based on issuers’ profitability, asset quality, capital structure and liquidity. • Analyzed monthly performance data of 62 consumer ABS issuers and developed scorecard methodology to rank issuers based on performance of $13.6 billion of securitized credit card receivables and $3.1 billion of securitized auto receivables. • Assigned trading limits based on analysis of secured and unsecured counterparty exposure risks for a $60 billion non-mortgage fixed income portfolio based on issuers’ profitability, asset quality, capital structure and liquidity. • Analyzed monthly performance data of 62 consumer ABS issuers and developed scorecard methodology to rank issuers based on performance of $13.6 billion of securitized credit card receivables and $3.1 billion of securitized auto receivables.

Senior Business Analyst, E-Business Solutions Group

• Jun 2001 - May 2002

• Analyzed business initiatives, such as proposals for expansion of local and international locations, by constructing revenue and expense forecasts to facilitate strategy development and justify capital expenses. • Performed Net Present Value (NPV) analysis based on forecasted revenues, capital expenditures and operating costs. Responsible for presenting conclusions to Capital Advisory Board. • Analyzed business initiatives, such as proposals for expansion of local and international locations, by constructing revenue and expense forecasts to facilitate strategy development and justify capital expenses. • Performed Net Present Value (NPV) analysis based on forecasted revenues, capital expenditures and operating costs. Responsible for presenting conclusions to Capital Advisory Board.

Senior Financial Analyst, Financial Planning and Analysis

• Jul 1999 - May 2001

• Analyzed business operations and created financial models, including NPV/Discounted Cash Flow (DCF), Lease-buy analysis, and Economic Value Added analysis. • Created Cost-to-Serve model to analyze customer profitability based on revenue growth, individual product margins, capital expenses, distribution, transportation and financing costs. • Co-led group to design and implement new annual budget and quarterly forecasting processes for wholesale operations (15 Distribution centers, $2 billion revenues). Show less