PKF Jordan and Kurdistan

PKF ProGroup
PKF Khattab & Co. Accountants &
PKF Planning Tax Advisory business advisers
PKF Human Resource Consulting

Selected Private Equity

Firms/ Funds in Jordan
2014

PKF Jordan and PKF Kurdistan are a member firms of the PKF International Limited network of legally independent firms and does not accept any
responsibility or liability for the actions or inactions on the part of any other individual member firm or firms.
Selected Private Equity Firms/ Funds in Jordan

About PKF Jordan and PKF Kurdistan

Full Name of Firm: PKF Jordan - Member Firm of PKF International Ltd.
Year of Establishment: 1990
Sales Tax Registration Number: 0160305
Contact Person: Mr. Mohammed Khattab
Address: P.O. Box 928575, Amman 11190, Jordan
Telephone Number: +962 6 5627129 Ext. 400
Fax Number: +962 6 5606344
Website: www.pkf.jo
E-mail: mkhattab@pkf.jo

PKF Jordan and PKF Kurdistan, member firms of PKF International, are a regional, multidisciplinary business advisory firm with industry specific
services. PKF Jordan and PKF Kurdistan offer outstanding opportunities, by providing international standard based services, to dramatically
position its clients as pioneers in a rapidly growing business environment. PKF Jordan and PKF Kurdistan play a major role in business advisory
including Consultancy, Auditing, and Tax Services.

Areas of experience include Finance, Taxation, Market Research, Strategic Planning, Organizational PKF Network Worldwide
Development, Human Resource Development, Investment, Technology and Information Management,
Quality Management, and Socio-Economic Studies. PKF Jordan also initiates an added value component  Around 50 years of experience
where integration, consistency and reliability are effectively enforced. PKF Jordan high quality services help  21,000 people
its clients identify their business needs, improve, excel, cope with business fluctuations and accomplish  440 offices
their anticipated goals.  125 countries
PKF Jordan and PKF Kurdistan team approach enables operating as integrated cells exposed to diverse  US$ 2.6 billion turnover
industries. Words like creativity, innovation and flexibility generate great success within the firm's services  Top 10 assurance & advisory
and culture, where PKF Jordan and PKF Kurdistan promise of quality, accuracy, speed, and value remain firm worldwide
applicable in all deliverables. Relying on PKF Jordan and PKF Kurdistan beliefs makes their caliber
professional. And experiencing PKF Jordan and PKF Kurdistan services makes clients distinguishable.

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Selected Private Equity Firms/ Funds in Jordan

PKF Jordan and PKF Kurdistan services are designed to look after the best interest of the clients and protect their wealth. Our advisors thoroughly
investigate the organization’s business cycle to innovate the most rewarding solutions.

Our experience, expertise, methodology, commitment and partnership approach grant our clients an improved business performance. We provide
real solutions to real challenges resulting in customized advice and solutions provided to the various clients within their business specialties.

We aim to tailor our services to meet our clients' specific needs rather than to impose ready-made products on them.

What you can expect from us:

- Certified Professionalism
- Clarity
- Communication
- Competency
- Comprehension
- Consistency
- Courtesy
- Credibility

OUR VISION:
To be number one preference for companies in their selection of professional advisors.
OUR MISSION:
To assist our valuable clients upgrade their business performance and efficiency and help them gain competitive advantage in order for their
business to succeed and excel.
OUR PHILOSOPHY:
Foresight, trust, responsiveness, commitment and technical excellence.
OUR EXPERTISE:
Our main functions revolve around providing Auditing and Assurance, Management Consulting, and Training Services to all those who need them.
PKF Jordan and PKF Kurdistan deliver high quality, independent information, and objective analysis to clients facing critical business decisions on
how to excel.

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Selected Private Equity Firms/ Funds in Jordan

PKF Jordan and PKF Kurdistan deliver a full spectrum of services:

1. Assurance and Advisory 3.8. Provide ongoing advice and support with flotation, mergers
1.1. Statutory audit and acquisitions, management buy-outs / buy-ins
1.2. Accounting services and disposals
1.3. Non-statutory audit 3.9. Due diligence
1.4. Sarbanes Oxley assurance 3.10. Advice on reorganizing and restructuring existing
1.5. Compilation of financial statements businesses, commercial and tax considerations
1.6. International accounting standards and fundraising options
1.7. Assurance engagement 3.11. Feasibility studies
1.8. Internal audit
1.9. Business risk services 4. Financial Planning
4.1. Retirement planning
2. Tax Consulting 4.2. Savings and investments
2.1. Tax Planning and Tax Manual 4.3. Medical and life insurance
2.2. Income Tax 4.4. Business assurance
2.3. Sales Tax 4.5. Property purchase
2.4. Withholding Tax
2.5. Employee’s Tax 5. Forensic Accounting
5.1. Appraisal of financial losses resulting from fraud
3. Corporate Finance 5.2. Appraisal of damage resulting from prejudicial acts
3.1. Privatization and Build - Operate - Transfer (BOT) 5.3. Preparation of expert opinions and second opinions
services 5.4. Assisting solicitors in the financial aspects of cases
3.2. Private placement memorandum 5.5. Intervention as arbitrators or mediators in dispute
3.3. Business plans resolution
3.4. Finding and securing finance from the most appropriate
sources (such as private equity firms) 6. IT Consultancy
3.5. Business valuations 6.1. Business process design
3.6. Preparation of financial projections and financial cash flow 6.2. Disaster recovery planning
forecasts 6.3. Managing Information Technology (IT) expenditure -
3.7. Investment agent budgeting and control
6.4. Project management of business requirements

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Selected Private Equity Firms/ Funds in Jordan

6.5. Packaged software / Enterprise Resources Planning 7.6. Competency-based human resources management and
(ERP) selection and implementation development
6.6. Information Technology (IT) security and crisis planning 7.7. Performance scorecards and indicators
6.7. Risk analysis and management 7.8. Marketing and market communication plans
6.8. Information Technology (IT) policies and procedures 7.9. Market studies, research and surveys
7.10. Customer satisfaction programs development
7. Management Consultancy 7.11. Financial policies and procedures including procurement,
7.1. Strategic planning to achieve a sustainable competitive accounting, and budgeting
advantage 7.12. Corporate governance manuals
7.2. Risk - measurement strategies, risk management plans 7.13. Costing systems
and crisis handling 7.14. Internal audit manuals
7.3. Institutional assessment and upgrading plans 7.15. Operations manuals
7.4. Reviewing business processes for efficiency, control and 7.16. Quality management services
effectiveness 7.17. Monitoring ,evaluation, and impact assessment studies
7.5. Organizational restructuring

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Selected Private Equity Firms/ Funds in Jordan

Selected Private Equity Firms/ Funds

in Jordan

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Selected Private Equity Firms/ Funds in Jordan

Private Equity Firms/ Funds

Foursan Capital Partners
Sector(s): Oil & gas, Telecom, Energy, Financial services and Aviation sectors

Fund size: USD 200 Million

Website: http://www.4san.com/foursan-group-announces-launch-foursan-capital-partners

Brief: Description:

Foursan Group, a leading Middle Eastern private equity specialist, launched of its second fund, Foursan Capital Partners I (“FCP”), a multi-
country, multi-sector private equity fund targeting investments in accelerated growth companies in Jordan and surrounding countries in the Levant
and North Africa. FCP will had a first closing on January 1, 2010 with commitments of US$100 million and was targeting a final closing of USD200
million in 2010.

Accelerator Technology Holdings

Sector: Information Technology.

Fund size: N/A

Website: http://www.acceleratortech.com/

Brief: Description:

Accelerator was founded by Dr. Fawaz Zu’bi in Jordan in 2005. Backed by a diverse group of institutional and individual investors from around the
world, Accelerator was established with the aim of investing in technology in the Middle East. In doing so, Accelerator was one of the region’s first
institutional venture capital investors.

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Selected Private Equity Firms/ Funds in Jordan

Oasis 500
Sector(s): Information Technology (IT), Mobile and Digital Media.

Fund size: N/A

Website: http://www.oasis500.com/

Brief: Description:

Oasis500 is a leading early stage and seed investment company, the first of its kind in Jordan and the MENA region. Our program at Oasis500
includes entrepreneurship training, mentorship guidance, business incubation and additional follow-up investment and funding if required, turning
new business ideas into startups and helping existing entrepreneurs grow their companies with our angel investor and mentor networks. We
nurture creative ideas in Information Technology (IT), Mobile and Digital Media, transforming them into startup companies.

Riyada Enterprise Development

Sector(s): Information and Communication Technology, Consumer Media, Telecom, Healthcare, Education, Finance, Cleantech,
Entertainment, and Specialty Manufacturing.

Fund size: USD 500 Million

Website: http://www.abraaj.com/news-and-insight/news/press-release-riyada-enterprise-development-500-million-sme-fund-
agrees-fir/

Brief: Description:

Riyada Enterprise Development is a venture capital firm specializing in investments in incubation, seed and start up, early venture, mid venture,
late venture, and growth stages in small and medium-sized enterprises (SMEs). The firm primarily invests in knowledge based industries with a
focus on information and communication technology, consumer media, telecommunication, healthcare, education, finance, cleantech,
entertainment, and specialty manufacturing (including agri-businesses and building materials). It provides advisory services and business
incubators services. The firm primarily seeks to invest in the Arab world, including the Middle East with a focus on Saudi Arabia, United Arab
Emirates, Kuwait, Bahrain, and Qatar; the Levant with a focus on Jordan and Lebanon; North Africa, focusing on Egypt and Tunisia; South Asia;
and with a secondary focus globally including Turkey and Pakistan. It prefers to make equity investments between $0.5 million to $20 million in

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Selected Private Equity Firms/ Funds in Jordan

companies with a target enterprise value between $5 million to $2000 million, minimum sales value of $1 million, and a minimum EBITDA of
$500,000. The firm takes 20-50% equity stake i.e. influential enough as minority and, in some cases, majority stake in SMEs. Riyada Enterprise
Development was founded in 2005 and is based in Amman, Jordan with additional offices in Beirut, Lebanon; Cairo, Egypt; Al Bireh, Palestinian
Authority; and Dubai, United Arab Emirates. It operates as a subsidiary of Abraaj Capital..

Catalyst Private Equity

Sector(s): Energy and Water.

Fund size: N/A

Website: http://www.catalystpe.com/

Brief: Description:

Catalyst Private Equity is a regional Energy and Water sector product and technology focused private equity firm uniquely structured to have a
positive strategic and financial impact on the region.

iMENA Holdings
Sector(s): Online Media, E-Commerce, Gaming, Mobile, and Web Services

Fund size: N/A

Website: http://imena.com/

Brief: Description:

Founded in 2013, iMENA Holdings Ltd. aims to be the Middle East and North Africa’s largest integrated and actively managed group of consumer
online companies. iMENA Holdings captures the online consumer opportunity in the Middle East and North Africa (MENA) by using a distinctive
investor-operator approach. Our platform and methodology in value creation are synchronized to unlock the potential underlying the MENA
region’s large consumer populations, whose demand for efficient online services across various sectors remains mostly unaddressed. We invest
in, build, and partner with regional leaders in Online Media, E-Commerce, Gaming, Mobile, and Web Services.

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Selected Private Equity Firms/ Funds in Jordan

Other Investment Funds

Social Security investment fund
Sector(s): Not Defined.

Fund size: USD 9 Billion

Website: http://www.ssif.gov.jo/

Brief: Description:

The Social Security Investment Fund ( previously known as Social Security Investment Unit) was established in 2002 to manage the investments
of Social Security Corporation (SSC) in a manner ensuring the increase of its financial resources. The Fund started its actual operations in early
2003 after the investment strategies governing its functions were endorsed.

With the issuance of the Social Security Act of 2010 , The Social Security Fund was the established as of 1/4/2010 to replace the Social Security
Investment Unit . The Fund has an administrative independence and shall invest Social Security funds..

Jordan Enterprise Development Corporation (JEDCO) - Governorate Development Fund

Sector(s): Manufacturing, Tourism, Telecom, Information Technology, Media, Health Care and Education (currently under review)

Fund size: EUR 150 Million

Website: http://www.jedco.gov.jo/

Brief: Description:

JEDCO under the Venture Capital Programme that was initiated in 2008 by the Government of Jordan and in cooperation with the European
Investment Bank (EIB) for the creation of two venture capital funds (the Early Stage EUR 5 million and the Capital for Growth Fund EUR 20
million).

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Selected Private Equity Firms/ Funds in Jordan

JEDCO was mandated and instructed by the Government in July 2012 by decree number 617 to design the overall structure of the Governorate
Development Fund, to manage the day to day activities of the Fund “Fund Manager” and to be the Anchor Investor by representing the
Government interest.

In order to better respond to this mandate and to other donor-supported MSME development initiatives, JEDCO is in the process of reinforcing his
presence at local level, through the opening Business and Development Units in governorates. These offices will work in close coordination with
the local communities, municipalities, consulting counsels and other social and development agencies located in the governorates to identify the
potential projects based on the needs of the community and on the available human expertise, natural resources and governorates’ comparative
advantages.

As of May 2014, the Fund has approved investments in 71 projects located in different governorates and operating in different sectors with a total
financing of JOD 42.62 million and a total size of projects JOD 95.15 million.

The King Abdullah II Fund for Development (KAFD)

Sector(s): Human Capital Development, Entrepreneurship and Business Development, Infrastructure Development and Sectors Support.

Fund size: N/A

Website: http://www.kafd.jo/

Brief: Description:

The King Abdullah II Fund for Development (KAFD) was established by a royal decree in 2001 as a non-governmental organization. Its aim was to
support the Jordanian community by driving human and infrastructure development. KAFD works to further develop key sectors in Jordan and
improve local standards of living for all segments of the Jordanian community, targeting individuals, public and private sectors and civil society
organizations.

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Selected Private Equity Firms/ Funds in Jordan

Al–Hajj Fund for Investment

Sector(s): Real Estate and Financial

Fund size: USD 28 Million

Website: http://www.hajjfund.gov.jo/

Brief: Description:

Al–Hajj Fund was established as a saving investment institution working in line with the Islamic laws and regulations by accepting savings and
investments according to the Islamic ways of investment.

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