Credit Suisse Qatar Venture CEO Plans Emerging Market Investment

Aventicum Capital Management plans to invest in equities and credit as the venture of Credit Suisse Group AG (CSGN) and Qatar Holding LLC seeks opportunities in emerging markets, its chief executive officer for Qatar said.

Aventicum will focus on listed securities in the Middle East, North Africa and Turkey, Hashem Montasser said in an interview today at the Bloomberg Doha Conference.

“We’ll be looking at anything listed,” he said. “We’ll be launching a number of funds dedicated to that region.”

Credit Suisse and Qatar Holding, a unit of the Persian Gulf emirate’s sovereign-wealth fund, last year agreed to form the asset manager to boost investments in emerging markets. The venture will operate out of two hubs including a Doha-based unit focusing on investments in the Middle East, Turkey and other frontier markets, Credit Suisse said. Montasser, formerly head of asset management at EFG-Hermes Holding SAE, was appointed CEO and chief investment officer of the Doha unit.

Montasser said Aventicum is waiting for license from the Qatari regulator to set up the fund and expects to obtain it in the first half.

To contact the reporter on this story: Stefania Bianchi in Dubai at sbianchi10@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

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