Traditionally, public offerings have been the preferred route to raising capital in Middle East economies. More recently, the volume and value of such transactions has tapered off, affected by more stringent regulatory requirements and dwindling market appetite for new listings.
Conversely, private placement of equity has been relatively undeveloped. Itqan has identified demand for well-structured private placement - from companies wishing to raise equity as well as from investors seeking attractive medium-term alternatives for their surplus liquidity.
Itqan will independently seek opportunities for private placement, and approach existing or prospective clients with ideas and recommendations.