Peak Ridge Capital appoints Gary King, former CEO of the Dubai Mercantile Exchange, as Senior Strategic Advisor
Peak Ridge Capital, a leading alternative asset management company, today announced the appointment of Gary King as a Senior Strategic Advisor. He will assist in the firm’s continuing expansion of its alternative investments platform and its introduction to the MENA region.
Gary King has more than two decades of international experience across the energy and financial sectors, working for leading companies such as Emirates National Oil Company (ENOC), Neste Oy, Morgan Stanley, and Macquarie Bank. He is a pioneer in the Middle East private equity sector and was instrumental in developing the Standard Bank/GIB GCC Energy Fund. This was the first fund established in the GCC to invest exclusively in the energy sector and one of the first companies to be incorporated and licensed within the Dubai International Financial Centre (DIFC). He has also had an influential role in developing and implementing other regional private equity initiatives focused on energy, natural resources and infrastructure.
Gary is a recognized leader in the energy and finance sectors of the Middle East. Most recently, he was CEO of Dubai Natural Resources World. Prior to this, Gary was CEO of the Dubai Mercantile Exchange (DME) where he was instrumental in establishing the DME as a world-class international exchange. In 1999, Gary worked as the General Manager of Risk Management and Advisor to the Group CEO of Emirates National Oil Company (ENOC). He began his international career in the oil industry as a petroleum exploration geologist and held a number of managerial positions in oil exploration and oil trading. Gary moved into the financial sector in 1994 when he joined Morgan Stanley. He is also on the Board of Directors of Parker Drilling Company and a Director of Kulczyk Oil Ventures Inc. Gary has a Bachelors degree from London University in Petroleum Exploration Geology and a Master's degree in Petroleum Exploration Geology from Imperial College, Royal School of Mines.
Peak Ridge Capital’s unique asset management platform includes the Peak Ridge AgTech Fund, a private equity fund focusing on financing innovation in agriculture, clean technologies and biofuels; and the Peak Ridge Energy Fund, a hedge fund seeking investment growth opportunities through the trading of a diversified energy portfolio.
Michael McNally, Chairman and CEO of Peak Ridge Capital, said: “The addition of Gary to our team is a unique and exciting opportunity that will allow us to expand the breadth of our investor base and draw upon his unmatched knowledge and experience in the Middle East and beyond.”
Gary King commented: “I’m delighted to be working with Peak Ridge; their fund offerings are unique and compelling, both in terms of their diversity and potential for superior risk-adjusted returns. We’ve already received considerable positive feedback from the market and look forward to further discussions with potential investors.”
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