GLOBAL alternative investment firm Arcapita has announced the promotions of Isa Al Khalifa and Michael Riccomini to managing director, and 20 employees at different levels across its global offices.
These promotions reflect the firm’s continued growth and its focus on strengthening leadership across key business lines and geographies.
Isa Al Khalifa, who also serves as Arcapita’s head of Mena real estate and chief executive of Lintara Properties, has played a central role in expanding the firm’s real estate platform across the GCC.
He has led a focused strategy targeting industrial and logistics assets aligned with region’s economic transformation.
Michael Riccomini, head of UK real estate, has led the expansion of Arcapita’s industrial real estate platform in the UK, including the launch of dedicated investment vehicles and the deployment of capital into logistics and industrial assets supported by strong underlying demand.
The broader group of 20 promotions spans multiple functions and regions, highlighting the depth of talent across the organisation and Arcapita’s continued investment in its people.
Arcapita Group chief executive officer Hisham Al Raee said: “These promotions reflect the strength of our investment platform, and depth of talent across the firm. We have continued to grow our business in a disciplined manner, successfully expanding across key markets while maintaining a consistent focus on delivering value to our investors.”
Fiona Anderson, head of human capital and business administration at Arcapita, added: “Our people are at the core of Arcapita’s success. These promotions recognise individual performance, and demonstrate our long-term commitment to developing talent.”
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