Mr. Karim Moussa joined EFG Hermes in 2008, with a primary responsibility of building the Group’s infrastructure Private Equity (PE) platform. During this time, he closed several flagship PE deals, such as Nasdaq-Dubai’s USD 445 million take-private of DAMAS International and later its exit, delivering c. 2x cash-on-cash returns.
He led the creation of the Vortex Energy Platform and raised and deployed over USD 500 million in equity in yielding renewable energy assets across Europe. In 2019, he completed an exit of a portfolio of net c. 457 MW in onshore wind assets in France, Spain, Portugal, and Belgium to funds managed by J.P. Morgan, realizing attractive divestment returns and paying net cash yields in excess of 5% p.a. to investors. In 2020 he continued the successful divestment of Vortex assets, selling a controlling stake in its 365 MW UK solar portfolio to Tanaga Nasional for c. GBP 500 million EV, delivering c. 13% IRR and 1.4x cash-on-cash returns. Mr. Moussa recently led the launch of an education fund in partnership with GEMS Education, dedicated to investing in K-12 schools in Egypt, closing the fund at commitments of c. USD 150 million.
Since 2017, he has been appointed Co-CEO of EFG Hermes Investment Bank, responsible for the entire buy-side business of the Group. Karim sits on the Investment Committee of several EFG Hermes’ sponsored funds and on InfraMed’s Investors Board, with combined AUM of c. USD 3.5 billion. He is also a member of the Board of Directors of various portfolio companies.
Prior to joining EFG Hermes, Mr. Moussa was Vice President at Deutsche Bank’s Global Banking division, with responsibilities for M&A, ECM, and DCM advisory in the MENA region. In this role, he advised on the USD 4.2 billion Dubai Ports World IPO, the USD 670 million sale of Sokhna Port to Dubai Ports World, and the USD 1.4 billion LBO of the Egyptian Fertilizers Company by Abraaj Capital. He joined Deutsche Bank in 2001 as an Analyst in the M&A execution team in Frankfurt, advising on several mid-cap transactions in Continental Europe. He moved to Dubai in 2005 with the CEO of Deutsche Bank MENA to help establish the bank’s regional business. Prior to Deutsche Bank, Mr. Moussa worked as an Investment Analyst at Berlin Capital Fund, a venture capital fund managed by the Berliner Bank.
He holds an MBA and a degree in Mechanical Engineering (Diplom Wirtschaftsingenieur) from the Technical University of Berlin.
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