Property financier Perry Kurash and four partners have set up a corporate finance house focusing principally on raising equity finance for the property industry. Kurash, the former managing director of dd2group, has set up Real Estate Capital Group (Recap). The group will specialise in sourcing equity from the Middle East and the US for transactions throughout the world.
'We are extremely well-connected in the Middle East and have access to the highest net worth individuals, investment banks, sovereign wealth funds and even the royal families,' Kurash says.
Recap has just launched an office in Bahrain, which will be run by Ahmed Salem acting as managing director for the region, and who has joined from Mashreq Bank.
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