Company Profile

SHUAA Partners is the private equity arm of SHUAA Capital psc, a leading investment banking institution in the Middle East. Based in Dubai, SHUAA Partners has a world-class team of investment professionals with a proven track record and a deep understanding of the Middle East. Its coverage is carried out through a unique network of personal and professional relationships within the business and government communities around the region.

SHUAA Partners follows a systematic investment process that is based upon the following principles:

• Pro-active generation of deal flow
• Comprehensive due diligence
• Innovative transaction structuring
• Disciplined valuation approach
• Continuous investment monitoring and value creation post-acquisition
• Careful exit planning

SHUAA Partners will identify and partner with experienced industry veterans in pursuit of investment opportunities. Operating Executives will be instrumental in the origination and due diligence processes. In addition, SHUAA Partners’ partnership with the Operating Executives will enhance the Fund’s credibility with business owners and management teams. Operating Executives also play a role building value post-investment, typically assuming the role of portfolio company senior management.

The Fund will seek Operating Executives who have demonstrated success in guiding rapidly growing companies and integrating acquisitions to achieve operating results consistently better that industry averages.

Its inaugural fund, SHUAA Partners Fund I, L.P., held its final closing in September 2005 with commitments of US$ 200 million.

Its second fund, Frontier Opportunities Fund I, L.P., held its final closing in October 2007 with commitment of US$100 million.

Its third fund, SHUAA Hospitality Fund I, L.P., held its initial closing in June 2008 with commitments of $165 million.

SHUAA Partners, along with SHUAA Capital’s Saudi Arabian subsidiary, had a successful first closing in August 2008 at SAR 900 million of the Shari’a-compliant SHUAA Saudi Hospitality Fund I, which aims to develop 17 hospitality properties with 5,000 rooms in the Kingdom of Saudi Arabia ranging from 5 stars to budget hotels, which will be managed by Rotana Hotel Management Corporation. The final close is expected at SAR 2 billion.

SHUAA Partners is regulated by the Dubai Financial Services Authority (“DFSA”) and is incorporated in the Dubai International Financial Centre (“DIFC”) as SHUAA Partners Ltd.