Citadel Capital

Gavin, James
May 2009
MEED: Middle East Economic Digest;5/29/2009, Vol. 53 Issue 22, p28
The article presents a profile for Cairo, Egypt-based private equity firm Citadel Capital. Citadel Capital was founded by Ahmed Heikal and Hisham el-Khazindar in 2004. Citadel employs about 27,000 people and has 19 main investment companies. Citadel has expanded rapidly in the five years with $8.5bn worth of assets under management in 14 sectors across 12 countries. Citadel's strategy is to create or acquire national companies that can serve as platforms for regional expansion.


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