Market Watch
Company Profile

Kuwait Financial Centre 'Markaz' was established in 1974, and has become one of the leading asset management and investment banking institutions in the Arab region. The company was listed on the Kuwait Stock Exchange (KSE) in 1997.

Markaz offers full fledged services in asset management and investment banking. Asset management services offered by the company include Investment Advisory Services, GCC & International Investments and Private Equities. Assets under management as of 31st March 2014, KD 1,019 Million (USD 3.61 Billion).

Tested through challenging conditions on local, GCC and international stock markets for many years now, Markaz Asset Management activity has consistently outperformed the relevant benchmarks on its equity funds and managed portfolios. Markaz has earned a credible name for itself amongst the top performing fund managers in Kuwait due to this strong and consistent performance spanning many years. The support of a qualified research team of experienced finance professionals helps the investment managers set their investment strategies. In an effort to focus on meeting client investment needs, Markaz introduced the first options trading platform in the Middle East by issuing and selling derivative instruments (Call options) on KSE listed stocks.

Investment Advisory Services offer Markaz clients tailor-made investment solutions to meet their financial objectives, supported by efficient employment of in-depth market due diligence and constant monitoring. Full transparency is delivered by monthly reports and quarterly reviews. Each dedicated portfolio advisor is trained to identify the right investment opportunities that adhere to three key elements: diversification, reliance on fundamentals and anticipation of future trends.

Markaz Private Equity services allow investors to benefit from the opportunity of entering venture capital and private equity funds, at lower minimum investment rates, that are otherwise inaccessible. The strict discipline that Markaz employs in choosing investments is practiced by conducting thorough analysis and due diligence studies. The result is an impressive generation of returns in excess of those generated by the public markets to compensate for the high level of risk associated with such long-term illiquid investments. Markaz is also assisted by one of the best law firms in the United States that conducts legal due diligence on the investment structure.

Markaz investment banking services include Corporate Finance, MENA Real Estate, US Real Estate, Oil and Gas and Structured Finance.

Markaz's Corporate Finance arm develops and executes corporate restructuring plans and implements their strategies. These strategies may include expansions (including mergers and acquisitions) and re-structuring (such as selling or spinning off companies or divisions). Corporate finance services also include due diligence, valuations, execution of merger plans, private placements, and both conventional and Islamic financing transactions. Markaz has a leading position in the market in the origination, underwriting, and distribution of debt and equity products, with successful transactions reaching more than USD 2.650 billion as of 31st December 2013. 

Furthermore, Markaz offers a wide range of real estate services and products in the in the Arabian Gulf Region and has also been active in the US real estate market since 1978 through its Los Angeles based and fully owned subsidiary, Mar-Gulf Management Inc. Some products have been structured as real estate investment trusts (Reits).

Real estate services include evaluating real estate investment strategies, asset management, disposition, due diligence, securitization, feasibility studies for property development and tax structuring.

Markaz has an Oil and Gas Division that monitors the Energy Sector and is fully equipped with the tools to provide financial services to the energy industry.

The oil and gas division provides a wide-range of services to clients including advisory services on mergers and acquisitions, valuations, corporate restructuring, feasibility studies, due diligence, ratings and listing; Investment banking services such as bond issues, equity issues, capital increase, IPOs, listing and private placements; as well as developing investment products to enable investors to access the energy sector. 

Markaz’s strategic and sector-focused research offerings are positioned to provide the very best investment ideas to its clients. Markaz aims to be thematic in selecting research ideas with a clear focus on investment actions and merits. Being a regionally focused company, Markaz research is also biased towards issues confronting the GCC and MENA region. However, the aim is to continuously benchmark the region with other developed and emerging market peers in order to obtain the requisite positioning. Markaz research team uses highly specialized database, both outsourced and developed in-house, in order to be statistically rich in its presentations and analysis. The team also treasures the usage of advanced quantitative finance techniques to the extent they can be successfully adapted to the region.




Markaz Corporate Profile

Markaz Corporate Profile 2014
(English)
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Markaz Corporate Profile 2014
(Arabic)
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Mission Statement and Guiding Principles
  • Mission:
    To be recognized as a leading regional investment banking institution, by creating differentiated investment solutions that are tailored to suit our clients, and meet the highest international standards in performance, quality and sophistication.

    Guiding Principles:
    A set of core values and principles govern the way we operate and guide the way we work with our clients, shareholders, staff and business partners:
  • We exist for the mutual benefit of our clients and shareholders, and hence, our staff is committed to maximize shareholders' value by offering our clients high value added innovative products and services.
  • We are flexible and adapt to change fast. Markaz will continuously develop its business processes to ensure that we remain well informed and continually develop new techniques to add value to our clients.
  • All our clients are equally important to us, regardless of size or status. We take their mandates to us very seriously and we deliver what we promise.
  • We value our reputation for integrity and professionalism. This is deeply embedded into our culture and is the best guarantee that we can give our clients.
  • We remain true to the society in which we operate. We strive to add value to our financial market and avoid taking any actions, whether embarking on projects or undertaking mandates, that could do it harm.
  • Our people are our most valuable asset. We seek to provide them with a challenging and rewarding environment that promotes teamwork in which they can realize their true potential.
  • The creativity of our people is what sets Markaz apart from other institutions. Their experience and ideas are interwoven in a culture of teamwork and empowerment, resulting in a swift implementation of unique products and services.

Subsidiaries & Branches

Mar-Gulf Management, Inc. (MGMI)

Acts as Markazs real estate arm in the United States.

Markaz has been active in the US real estate market since 1977 with the launching of its first syndicated transaction.

Has a team of professionals with, on average, more than 20 years of experience in the acquisition, disposition, development, and management of real estate properties in the United States.

Since 1988, Markaz has been conducting real estate transactions in the US through Mar-Gulf, located in Los Angeles, California.  Over the past twenty five years, Markaz and Mar-Gulf have been involved in the ownership and development of over 80 properties for a total development / acquisition cost of approximately US$ 1 billion.  This includes approximately 5,000,000 sqft of industrial warehouse space, 3,500,000 sqft of retail, 800,000 sqft of office, and almost 900 apartment units.

Markaz currently manages approximately US$380 million of real estate assets in two real estate funds and proprietary products

Contact Details



Street Address: 15821 Ventura Blvd., Suite 635, Encino, California 91436, USA
Tel: +1 818 9951400
Fax: +1 818 9951440
Sami Shabshab  President - Mar Gulf
sshabshab@margulf.com


Marmore Mena Intelligence

Marmore MENA Intelligence Private Limited was established in the year 2010. Marmore is a majority owned subsidiary of Kuwait Financial Centre, Markaz. Marmore offers full-fledged research in asset management and investment banking focussed on Middle East and North Africa (MENA) region. Marmore’s objective is to provide services of financial research and analysis of Mena economies, markets, and companies. The research team at Marmore is positioned to support Markaz in providing the very best investment ideas to its clients in addition to enriching the local/regional investment landscape with a full range of quantitative, unbiased research. Marmore aims to be thematic in selecting research ideas with a clear focus on investment actions and merits.

Marmore uses highly specialised databases, both outsourced and in-house in order to be statistically rich in its presentations and analysis. The team aims to be as objective as possible. In this spirit, the analyst team uses advanced quantitative finance techniques to the extent that they can be successfully adapted to the region.

 

Contact Details

Marmore MENA Intelligence Pvt. Ltd
#127, 2nd Floor, Demonte Colony,
Alwarpet, Chennai – 600018
India
Tel No - +91-44-42316217
Fax No - +91-44-24980536
Raghu Mandagolathur Managing Director
research@markaz.com | www.e-marmore.com


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Kuwait Financial Centre - Markaz / Company Profile