Overview

Macquarie Capital appoints Mehmet Abbasoglu

20 October 2009

  • Enhancing specialist expertise in telecommunications, media, entertainment and technology    
  • Further extending the capability in Macquarie’s European advisory and capital markets business

London, 20 October 2009 - Macquarie Capital announces the appointment of Mehmet Abbasoglu as Managing Director in its Telecommunications, Media and Entertainment (TMET) sector advisory team.  

Mr Abbasoglu joins Macquarie Capital from J.P.Morgan in London, where he was an Executive Director looking after the emerging markets telecommunications, media and technology franchise.  Prior, Mr Abbasoglu was with Turkcell /Cukurova focusing on corporate strategy, business development and financial restructurings.

Mr Abbasoglu brings with him more than ten years of investment banking and five years of telecoms operating experience, through which he led client coverage and transaction execution efforts for all types of advisory, capital commitment, equity and debt markets transactions and restructurings.  Most recently, Mr Abbasoglu advised Q-tel in its purchase of Indosat and Mobily in its secondary offering, among others.  Mr Abbasoglu is a graduate of Harvard Business School and Macalester College.

“We are very pleased to welcome Mehmet into our advisory team,” said Graeme Conway, Head of Macquarie Capital’s European advisory business.  “Macquarie Capital has a strong TMET sector specialisation globally and in Europe.  Mehmet’s experience in the sector, relationships and proven ability to build coverage are a strong extension of our existing TMET capability in Europe, the Middle East and Africa.”

Macquarie Capital’s TMET advisory team are currently advising on the landmark Singapore Technologies Telemedia agreed offer for Eircom Holdings, the owner of a controlling shareholding in the incumbent Irish telecommunication company. The offer values Eircom at an enterprise value of approximately €4 billion and the offer has been unanimously recommended by the Eircom Holdings board. This milestone transaction is a strong example of leveraging Macquarie Capital’s global platform.

Mr Abbasoglu’s appointment further extends the capability within Macquarie Capital’s European advisory team, and is another step in the continuing expansion of Macquarie’s European advisory and capital markets platform.

About Macquarie
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts globally on behalf of institutional, corporate and retail clients and counterparties. Founded in 1969, Macquarie operates in more than 70 office locations in 26 countries. Macquarie employs approximately 12,500 people and has assets under management of more than £114 billion (as of July 31, 2009).

In the UK, Macquarie Capital operates through Macquarie Capital (Europe) Limited (MCEL) and Macquarie Capital Funds (Europe) Limited (MCFEL), each of which is authorised and regulated by the UK Financial Services Authority (FSA).Macquarie also owns a bank in the UK, Macquarie Bank International, which is regulated by the FSA. Macquarie's activities are also subject to scrutiny by other regulatory agencies around the world.

Macquarie Capital comprises Macquarie Group’s corporate advisory, capital markets, underwriting, wholesale structuring, specialist funds (including infrastructure and real estate funds) and private equity capabilities.  In Europe, Macquarie Capital’s head office is in London, with offices in Amsterdam, Dublin, Frankfurt, Paris and Stockholm.

Macquarie Capital works closely with Macquarie Securities Group, which has teams located in the major financial markets around the world.  It provides clients with specialist capabilities in equity underwriting, equity sales and trading, equities research and corporate broking and is consistently ranked highly for its research, sales and execution.

For further information, please contact:

Karen Smith
Corporate Communication
+44 203 037 2420