The best days of special capital are over, the Egyptian billionaire Nassef Sawiris says

Be informed with free updates

Simply register Private capital Myft Digest – Delivered directly to your box.

The special capital industry has passed since the Egyptian industry and billionaire investor Nassef Sawiris, in the opinion of the trillions of dollars.

Sawiris, who combines the foundations of the foundations in more than one purchase company, said that others returned to private capital funds, and others were annoyed by the lack of distribution in recent years. Firms, pandemic pandemic slowdown and preliminary public offers, struggled to get out of investments in the slowdown in pandemic.

“Special capital saw the best days … They can’t get out. The speeches are very harsh.”

“(Investors) are so annoying. They say to them: ‘I did not see any returns, you did not return any money in the last five and six years’.”

Sawiris has received a special purpose to use capital capital – a tactic private capital Groups, instead of submitting an asset to another owner or the public, transfer the asset to a new background.

“Continue funds, ‘I can’t sell me, I will go back again,’ said Sawiris said,” Sawiris said.

In recent years, vehicles have become more popular in recent years, which is the investment bank Houlihan Lobey’s report for a report of $ 76 billion.

Sawiris, the Dutch are commented as the fragmentation of chemicals listed and fertilizer.

Group in September accepted the fourth largest orderFrom all asset sales from the transactions, it brings up to $ 11.6 billion from buyers. Now in Texas, the global methanol business sold a lot of assets, including fertilizers and low carbonated ammonia projects.

OCI used these sales to return these sales to shareholders. This week, including a payment in the week, with a $ 6.4 billion in the last four years, with up to $ 1 billion after the sale of methanol work.

Sawiris said that the company has violated the turn of investing in more sustainable assets and decreased gas prices, the company is very lucky to have branded confusion, branded confusion.

Sawiris’e ft explained In an interview Last year, OCI can become a cash bark company purchased in different industries.

He said he was approached to receive dozens of companies from active sales.

Many of them have had special capital groups hoping for a speech, hoping for a speech, he said he did not find any of them to be an attractive target for a deal.

“A year ago We looked at 70 different companies because we want to unite with OCI and wanted to get a list of all this … All private capital, who could not get a list,” he said. “We said,” Why do you have to solve someone else’s problem? “

He also criticized the priorities of private capital managers, they payed more attention to capital training for investment vehicles than the activities of portfolio companies.

“They spend 90 percent of their time, and how they spend 10 percent managing businesses,” he said. “They participate in the meetings of the Board, have a plaque dinner and the reason for the implementation of the plan.”

After the expansion of decades, the assets of the private capital industry under leadership narrowed last year Counseling Bain & Co. For the first time in 2005 to follow industrial assets.

In June 2024, the Industrial Assets decreased by $ 2 percent a year ago, purchasing groups, market volatility faced market change opened by our tariffs Slowly.

Investment groups complicate fundraising efforts, facing difficulties selling assets after purchasing high assessments in recent years.

Among the wider challenges facing the Private Capital Industry, Sawiris, the best positions of groups to success, such as financial institutions, such as financial institutions Black stone challenge the main credit banks.

“The only ones who are the future are the children who find a place to become an opponent to America, JPMongan and Bank.”