Award winning start to the year for Al Masah Capital Limited
Al Masah Capital Limited (Al Masah Capital) has started the New Year with a bang! Shailesh Dash, the Founder and CEO of the Dubai based, fund management market leader received the award for ’Outstanding Achievement by an Individual’ during the 2013 MENA Fund Manager Performance Awards last week.
The award is a testament to his numerous achievements starting with the setting up of Al Masah Capital in 2010 and the raising of more than USD 400 million in 2 years, not to mention positioning the company as one of the leading alternative asset manager in the region.
"I am delighted to receive the award and it is an acknowledgment of the effort of all my team members. Winning this award means recognition for all the hard work and innovative ideas we have put in and motivation for our continued excellence in the field," said Dash.
"We have put a strong foundation in place and the team is focused on achieving its vision of being the leading asset manager in the region. This award reflects our achievements in the past 2 years, but we are already focused on the future as the best is yet to come," he added.
The private equity platforms managed by Al Masah Capital namely Al Najah Education and Healthcare MENA Limited were also nominated for the ’Best Private Equity Fund of the Year’.
Al Najah Education was established with the intent to invest in the education sector in the region. It owns the Horizon School in Dubai and has recently signed an agreement to bring leading Indian ICSE school brand, Jamnabai Narsee School. Healthcare MENA Limited is a leading investment company in the healthcare sector. It owns and manages numerous, well reputed laboratories, medical and diagnostic centers in Kuwait and UAE. Its explosive growth in the last 2 years with dividend payout highlights the uniqueness of the offering.
Al Masah Capital has focused itself on the education and healthcare sectors, amongst others, as it sees tremendous potential in these sectors in the MENA region. It is also credited with introducing the first ever UCITS IV fund management platform, by working closely with CSSF (Luxemburg Monetary Authority), not just in the country but the entire MENA region.
With this award, Al Masah Capital’s peers have recognized its remarkable growth exhibited in challenging market conditions. In turn, Al Masah Capital receiving such recognition shows the faith its shareholders, stakeholders and investors have placed in a team willing to change the regional financial landscape and make a difference by being different.
Emirate: Dubai
Date: Jan 26, 2013
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