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Ithmaar Bank, a Bahrain-based investment bank with global reach and part of the Ithmaar banking group, appointed Andrew Pocock as managing director, private equity.
Pocock will be focusing on several of the bank's private equity fund initiatives, including the recently announced Aldar Private Equity Fund, which has a target amount of $500 million. Pocock reports directly to Ithmaar Bank CEO and board member Michael P Lee.
Pocock, a British national and Cambridge University graduate, is a veteran investment banker, having held managerial positions in international banking and finance since 1971.
He said: "These are very interesting times for private equity, both in the Middle East and in emerging markets in general. I will be working closely with Michael and other colleagues to strengthen further our private equity capabilities as the business line continues to grow."
