Credit Suisse to Form Aventicum Capital With Qatari Fund
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Credit Suisse Group AG and Qatar Holding LLC, a unit of the Persian Gulf emirate’s sovereign-wealth fund, agreed to form asset manager Aventicum Capital Management to boost investments in emerging markets.
The joint venture, to be overseen by Credit Suisse Qatar head Aladdin Hangari, will operate out of two hubs including a Doha-based unit focusing on investments in the Middle East, Turkey and other frontier markets starting in early 2013, the bank said today in a statement. It will also have an international business based in an unidentified location.