Jeddah, Saudi Arabia, 19 April 2015: SEDCO Capital, a leading Saudi asset manager, has announced that Yazan M Abdeen, Head of Regional Liquid Assets and Lead MENA Fund Manager at SEDCO Capital has been recognized in MENA FM Power 50 2015 list as one of the best-performing and respected fund managers in the Middle East and North African fund industry, amongst a number of well-respected industry leaders.

MENA FM Power 50 identifies the most influential, powerful and innovative fund managers across the Middle East and North African asset management industry, and the selection process is done following the vetting of hundreds of professionals across the industry. The list includes both industry leaders who have made their mark over several years and rising stars who are expected to be particularly influential in the year ahead.

Hasan Al-Jabri, Chief Executive Officer of SEDCO Capital, said: “I am extremely pleased to see that Yazan has been recognized by MENA Fund Manager. The MENA FM Power 50 list identifies the most influential fund managers in the industry, and this recognition reflects our team’s solid track record and wealth of knowledge offering our clients continuous investment excellence.”

Abdeen joined SEDCO Capital in October 2013, bringing more than a decade of experience in analyzing 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 presence felt 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 in the industry is of further validation that our investment process practiced by a “star team”  is achieving its goals. I am proud to be amongst hard-working investment professionals who are supported by an efficient management and trusting board of directors. SEDCO Capital’s fulfilment of the perfect alignment of interest between its investors, shareholders and human capital creates a powerhouse of an achievement-driven environment that makes one proud to be part of. The discipline to our fundamentally-driven investment process while abiding by our socially-responsible and financially-prudent philosophy shall remain our pillars of future accomplishments,” said Yazan Abdeen, Head of Regional Liquid Assets and Lead MENA Fund Manager at SEDCO Capital

The SEDCO Capital GCC Equity Fund, which is led by Abdeen and is domiciled in Luxembourg, launched in September 2014 and was seeded with $30m at launch. The fund sits alongside thirteen other funds from the manager on the SEDCO Capital Global Fund platform, which offer exposure to different geographies and asset classes.