For the second consecutive year, MENA Fund Manager magazine’s Power 50 2016 list has recognised Yazan Abdeen, Head of MENA Liquid Assets and Lead Fund Manager at SEDCO Capital, a top Saudi asset manager, as one of the most influential fund managers in the Middle East and North Africa.
MENA FM’s Power 50 list includes the 50 most influential and powerful figures in the region’s asset management community who have left their mark over the years as well as rising stars who are promising to be particularly influential in the year ahead. Hundreds of professionals across the industry are vetted for inclusion in the list every year.
Chief Executive Officer of SEDCO Capital Hasan Al-Jabri, said: “I am very pleased to see that Yazan has been recognised by MENA Fund Manager for the second consecutive year. The MENA FM Power 50 list highlights the most influential fund managers in the industry, and this recognition reflects our team’s solid track record, the wealth of knowledge that we offer our clients, and our company’s investment excellence.”
Abdeen joined SEDCO Capital in October 2013, bringing more than 13 years of experience in analysing and valuing companies in the MENA region. Since joining SEDCO Capital from ING Investment Management Middle East as an in-house fund manager, he has made his mark at the Saudi asset manager, with a mandate win in managing the Falcom Arab Markets Fund and the launch of the SEDOC Capital GCC Equities Fund on the Luxembourg fund platform.
“This special recognition underlines the fact that our investment process has achieved its goals,” said Abdeen. “I am proud to be part of a team of investment professionals that has undivided support from both the executive team and Board of Directors. SEDCO Capital's ability to align the interests of investors with those of shareholders has created an achievement-driven environment of which every one of us is proud to be part. Our commitment to investment plans in line with our social responsibility is one of the pillars of our philosophy for future accomplishment.”
The SEDCO Capital GCC Equity Fund, which is led by Abdeen and is domiciled in Luxembourg, launched in September 2014 and was seeded with $30 million at launch. The fund sits alongside 13 other funds from the manager on the SEDCO Capital Global Fund platform, which offer exposure to different geographies and asset classes.