Sadek Wahba

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Sadek Wahba
Sadek Free.jpeg
Born1966
EducationHarvard University
London School of Economics
American University in Cairo
OccupationManaging Partner, I Squared Capital
EmployerI Squared Capital

Sadek Wahba is the founder and managing partner of the New York City-based global infrastructure investment company[1] I Squared Capital.

Early life and education[edit]

Sadek Wahba is the grandson of Youssef Wahba Pasha (1852-1934), Egyptian Prime Minister and jurist.[2] His father, Sadek Wahba Pasha had a prominent career in the Egyptian diplomatic service.

Wahba grew up in Cairo and attended the Collège de la Sainte Famille. He has a Ph.D. in economics from Harvard University, a M.Sc. in economics from the London School of Economics and a B.A. in economics from the American University in Cairo.

Career[edit]

After college, Wahba worked as an economist for The World Bank and later was a banker. His research at Harvard included labor migration and worker remittances as a source of foreign capital to emerging markets.[3] Another area of research has been on measuring causal inference in social studies. One of his publications was selected by the Massachusetts Institute of Technology as one of its 50 most influential papers in the last 50 years.[4]

In the 1990s, he joined the private sector as a banker at Lehman Brothers. In 1998, he was hired by Morgan Stanley, where he rose to become a senior executive leading infrastructure investments.[5][6]

After 14 years with Morgan Stanley, he left to form I Squared Capital, a U.S.-based private equity group that invests in infrastructure projects in the U.S. and in developing economies, particularly China and India. The group manages over $3 billion in assets, including a commitment from the U.S. government's Overseas Private Investment Corporation to invest in Southeast Asia.[7] He is also a commentator on the need for more investment in infrastructure to promote economic growth.[8][9]

Awards and honors[edit]

Wahba is a member of the board of trustees of the American University in Cairo,[10] a senior member of St Antony's College at the University of Oxford, a member of the Brookings Foreign Policy Leadership Council, and was part of the expert committee on the World Economic Forum first report on global infrastructure investments.[11]

Wahba received the 2016 "Global Personality of the Year" award from Infrastructure Investor magazine.[12]

References[edit]

  1. ^ "Dr. Sadek Wahba". The American University in Cairo - Dr. Sadek Wahba. The American University in Cairo. Retrieved 18 September 2015.
  2. ^ Chronology of Egyptian Council of Ministers Vol. I. Cairo: General Egyptian Book Organization. (In Arabic)
  3. ^ Lucas, Robert E. B. (2005). International Migration and Economic Development: Lessons from Low-income Countries. Edward Elgar Publishing. ISBN 9781781959169.
  4. ^ "50 Influential Journal Articles". MIT Press Journals. Massachusetts Institute of Technology. Retrieved 18 September 2015.
  5. ^ LaCapra, Lauren Tara (September 18, 2012). "Exclusive: Morgan Stanley infrastructure fund hit by Volcker rule". Thomson Reuters. Reuters. Retrieved 18 September 2015.
  6. ^ Guerrera, Francesco (May 12, 2008). "Morgan Stanley fund to tap Asian growth". Pearson. Financial Times. Retrieved 18 September 2015.
  7. ^ "Infrastructure Investor | I Squared Capital Gets Approval for $200 Million Funding". Retrieved 2015-12-31.
  8. ^ Sadek Wahba (January 24, 2011). "WAHBA: The state of the union's roads, rails, bridges". The Washington Times. Retrieved 2015-12-31.
  9. ^ "The Future of U.S. Infrastructure: Proposals for Progress". Journal of Applied Corporate Finance. 23 (3): 92–98.
  10. ^ "Dr. Sadek Wahba". The American University in Cairo - Dr. Sadek Wahba. The American University in Cairo. Retrieved 18 September 2015.
  11. ^ "Paving the Way: Maximizing the Value of Private Finance in Infrastructure". World Economic Forum. Retrieved 2016-10-24.
  12. ^ "Infrastructure Investor" (PDF). Infrastructure Investor. The roll of honour. March 4, 2016. Archived from the original (PDF) on 7 March 2016. Retrieved 4 March 2016.