Makan Capital Group Appoints Bracken White as Chief Investment Officer



    ABU DHABI, United Arab Emirates, Feb. 19 /CNW/ -- Makan Capital Group
Limited, (MCG), a prominent real estate private equity group that unites
accomplished financial professionals with innovative real estate practices,
announced today that investment industry veteran Bracken White will join MCG
as Chief Investment Officer and Director at the corporate headquarters located
in Abu Dhabi, UAE.
    "Mr. White's distinguished global real estate, private equity and
investment banking experience combined with his comprehensive mergers and
acquisitions experience make this appointment instrumental to accelerating the
company's growth," affirmed Steve Koinis, Chief Executive Officer and Managing
Director, Makan Capital Group.
    White has served in several leadership positions in capital market
functions and has assessed and developed more than $3 billion of real estate
transactions.  Prior to MCG, White was Managing Director of Capital Markets at
Molinaro Koger where he raised equity for hotel portfolios and development
programs. Preceding tenure included Principal at Presidio Merchant Partners;
investment banking and equity research at Banc of America Securities; and,
Principal and Founder of The Juniper Group, a real estate advisory firm at
which he advised and raised capital for $800 million of projects.  Prior to
banking, White was a Research Analyst in Banc of America's nationally
recognized real estate and hospitality research team.  He holds a Master's in
Business Administration from Yale University with distinctions in Real Estate
Finance and Financial Accounting
    His knowledge and experience in the Middle East and Saudi Arabia are
comprehensive. White grew up in Saudi Arabia, where his father and grandfather
worked in the oil industry.  Professional engagements have included extensive
work with Saudi Arabia's Supreme Commission for Tourism (SCT) during which he
developed vehicles to finance tourism and leisure venues in the Kingdom.
    "Mr. White has been at the forefront of investment banking with emphasis
on global real estate for a significant time.  He has played a key role in
identifying opportunities and determining ideal development and acquisition
strategies.  His competencies will enhance the firm's ability to seize
opportunities and produce exceptional returns," added Koinis.
    
    For more information, visit makancapitalgroup.com.
    
    Makan Capital Group, (MCG), is a premier, Sharia'a compliant, private
equity firm in the GCC region generating demonstrably superior investment
products and real estate opportunities. The Firm's strategy is to focus on the
banking, commercial, residential, hospitality and tourism sectors while
capitalizing on its significant network of resources, asset and partnerships.
MCG is headquartered in Abu Dhabi, UAE, with offices in Riyadh, Saudi Arabia
and Newport Beach, California (US). Makancapitalgroup.com




For further information:

For further information: Rick Keating of Keating & Co., +1-212-433-1370,
 +1-917-767-2400, rkeating@keatingco.com, for Makan Capital Group Web Site:
http://www.makancapitalgroup.com

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MAKAN CAPITAL GROUP

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