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February 14, 2022Adel A. Alderbas Appointed Chief Investment Officer of Wafra Inc.

NEW YORK--(BUSINESS WIRE)--Wafra Inc. (“Wafra”) announced today that Adel A. Alderbas has been promoted to Chief Investment Officer (“CIO”). In his role as CIO, Mr. Alderbas will work closely with Chief Executive Officer Fawaz Al-Mubaraki to oversee the firm’s investment activities and execute Wafra’s vision to deliver investment solutions that provide long-term prosperity for asset owners around the world.

“Adel’s insights, experience and drive have generated strong results for our firm, investors and partners,” said Mr. Al-Mubaraki. “His promotion reflects the substantial contributions he has made to Wafra’s investment and operational success over the years, as well as my confidence in his ability to help execute my vision for Wafra’s future.”

Mr. Alderbas is a 15-year veteran of Wafra, during which time he has overseen many of the firm’s key strategic and core investment initiatives, serving most recently as Deputy CIO. Mr. Alderbas has been instrumental in the growth and success of Wafra’s alternative investments in strategic partnerships, real estate, infrastructure and real assets. In his role as CIO, Mr. Alderbas will oversee all alternatives and liquid markets transactions including strategic partnerships, real assets, real estate, private equity and venture capital and alternative finance.

“Wafra has built a collaborative team and innovative business founded on the principles of partnership, investment excellence and long-term vision,” said Mr. Alderbas. “It has been a privilege to be a part of Wafra’s growth for over a decade. I look forward to leading the firm’s talented investment professionals and guiding Wafra’s investment strategy through this next chapter.”

Mr. Alderbas will continue to serve on Wafra’s Management Committee, reporting directly to Mr. Al-Mubaraki, and will continue to be Wafra’s representative on the board of several portfolio companies, including Global Container International, Vantage Data Centers and National Express Wash. He will also serve on the board of Capital Constellation, Wafra’s pioneering asset owner joint venture with the Alaska Permanent Fund Corporation, Railpen, the Public Institution for Social Security of Kuwait and the New York State Common Retirement Fund.

Mr. Alderbas earned a BS with honors from Purdue University and an MBA from Harvard Business School.

About Wafra

Wafra is a global alternative investment manager with assets and capital commitments of approximately $28 billion, as of September 30, 2021. Wafra invests across a range of alternative assets, including strategic partnerships, real assets and infrastructure, private equity, real estate, and liquid markets. By providing flexible and accretive capital solutions and focusing on long-term partnerships, Wafra aligns and partners with best-in-class asset owners, companies and management teams. Headquartered in New York, Wafra and its affiliated and associated firms have additional offices in London, Kuwait and Bermuda. For more information, please visit:

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