Credit Suisse Group AG and Qatar Holding LLC, a unit of the Persian Gulf emirates sovereign- wealth fund, agreed to form asset manager Aventicum Capital Management to boost investments in emerging markets.
The joint venture, to be overseen by Credit Suisse Qatar head Aladdin Hangari, will operate out of two hubs including a Doha-based unit focusing on investments in the Middle East, Turkey and other frontier markets starting in early 2013, the bank said today in a statement. It will also operate an international business to be based in an unidentified location.
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