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Company Database


CONCORD INTERNATIONAL INVESTMENTS GROUP, LP

about this company

The New York based Concord Group, an SEC registered investment management company, is one of the leading fund managers of Egyptian securities in the world. Founded in 1988, the Concord Group manages the wealth of individuals, families, foundations and institutions. It possesses widely recognized expertise in portfolio management, investment strategy, corporate finance and strategic planning.

The Group manages directly and through its affiliates investment portfolios and mutual funds amounting to approximately USD 1.64 billion worldwide, of which approximately USD 1.34 billion are currently invested in Egyptian equities. The US fixed income division of the Concord Group manages portfolios for domestic and global clients. In addition, the Concord Group offers expertise in investing in US equities through its affiliates.

The Concord Group also provides corporate finance advisory services and real estate investment advice. The Group has successfully concluded corporate finance advisory assignments for some of Egypt’s leading government-owned and private banks, major multinational banks and leading tourism and development groups in Egypt.

 

Corporate Finance Advisory

The Concord Group established Concord Corporate Finance and Securities Marketing Co. (formerly MIBC) in 2001 to pursue corporate finance activities. CCF is active in advising equity and bond issuers, project financing and corporate structuring.

Concord Corporate Finance and Securities Marketing Co.’s mandates have included:

  • Managing a EGP 300 million note issue for Citicorp, New York denominated in Egyptian Pounds
  • Sponsoring the creation of a new company owned by the Egyptian Post Office Authority, Banque Misr, Commercial International Bank and the Inclusion Group of The Netherlands for the creation of Egypt’s first Giro payment system
  • Serving as advisor to the owners of 69 percent of Misr International Bank (MIBank) in conjunction with its sale for $383 million to National Societe Generale Bank, the Egyptian subsidiary of France’s Societe Generale
  • Advising Commercial International Bank (CIB) on the listing of its shares on the Abu Dhabi Securities Market (ADSM)
  • Acting as placing agent in the $150 million GDR offering of LECICO shares
  • Reviewing and advising Commercial International Bank on its credit risk assessment systems in connection with compliance with Basel II requirements
  • Advising the Egyptian Post Office in connection with its bid for Egypt’s third mobile license as part of the winning Etisalat consortium
  • Advising Banque Misr on the valuation of its unlisted and illiquid investments

 

Asset Management

The Firm’s goal is to deliver superior investment products and professional services targeted to meeting the needs of its institutional and individual investors. In addition to the outstanding qualifications of its US fixed income team in NY, the Group has a 28 person team in Cairo dedicated exclusively to the Egyptian market. Its investment professionals are supported by an eight person research department in Cairo.

The Concord Group’s success in investing is built on the following foundations:

  • An experienced and seasoned management team which shares certain fundamental qualifications: Strong academic and professional credentials, extensive experience with major international investment banking firms and long tenure with the Concord Group. (seeTeam)
  • A strong in-house research capability.
  • A thorough and disciplined investment process.
  • An unwavering commitment to put clients’ interests above anything else.

contact

New York

610 Fifth Avenue, 6th Floor 
New York, NY 10020 
USA

Tel: +1 212 759-2375
Fax: +1 212 759-2553

Cairo

9, Hod El Laban Street, 
Garden City, Cairo, 11451 
Egypt

Tel: + 2 02 2792-3656/7
Fax: + 2 02 2792-3658

Tokyo

Toranomon Chuo Building
1-1-16, Toranomon Minatoku 
Tokyo, 105-0001 Japan

Tel: +81 3 5511-6633
Fax: +81 3 5511-6600

Web: http://www.concordus.com/index.php