January 11, 2013

 

FOR IMMEDIATE RELEASE
Contact: Vanessa Zuabi
Associate Director, Middle East Programs
The Aspen Institute
+1-202-417-0589 | vanessa.zuabi@aspeninstitute.org

PARTNERS FOR A NEW BEGINNING LEADS NORTH AFRICAN INVESTOR DELEGATION TO NEW YORK, SILICON VALLEY

Delegates meet with US investors, industry leaders, and government officials

New York, January 11, 2013 –– The Partners for a New Beginning (PNB) Secretariat at the Aspen Institute is leading a delegation of North African investors to the US from January 12th–19th. The delegation of 20 investors will meet with Morgan Stanley, Soros Fund Management, Rockefeller Foundation, TechWadi, the Arab Bankers Association of North America, and others in an effort to give delegates a better understanding of effective models for private equity, venture capital, and angel investment in the areas of IT, renewable energy, turnaround/buyout, early stage, and real estate.

Kris Balderston, the US Secretary of State’s Special Representative for Global Partnerships, will moderate a panel discussion in New York on impact investing. His involvement symbolizes the continued support of the US State Department for Partners for a New Beginning.

The delegates are comprised of angel, venture capital, and private equity investors from Algeria, Libya, Mauritania, Morocco, and Tunisia. It is being organized through PNB’s North African Partnership for Economic Opportunity (PNB-NAPEO).

The delegation will meet with several US private equity, venture capital, and angel investors who can share best practices and models for investment in key sectors such as technology, renewable energy, real estate, and turnaround/buyout. The delegation will also meet with several business incubators, such as General Assembly in New York and Plug and Play in California.

Delegates include individuals with a broad range of interest, expertise, and knowledge in private equity, venture capital, and angel investing who will lay the groundwork for an effective, comprehensive regional network of investors.

Participants will meet with key individuals in the financial services industry, including successful venture capitalists, angel investors, and industry association representatives. Their meetings will connect and encourage dialogue among individuals engaged in these targeted professions.

PNB-NAPEO will co-host a presentation on best practices for angel investing with Golden Seeds, New York Angels, and the Harvard Business School Alumni Angel Association.

Delegates from the Maghreb Region are established and emerging private equity and venture capital professionals and potential angel investors. Delegates from each Maghreb country were chosen in conjunction with PNB-NAPEO local chapters where one exists, the US Department of State’s Economic Bureau, and the PNB Secretariat.

 

About The Aspen Institute

Partners for a New Beginning (PNB) is a network working in ten countries where local projects and priorities are identified by local chapters. PNB strategically matches them with US and international partners. The Aspen Institute serves as the PNB Secretariat and is responsible for driving, expanding and sustaining the PNB network. The Secretariat maintains communication between stakeholders, identifies strategic partners and brokers partnerships that support project development and expansion. For more information, visit www.partnersforanewbeginning.org

The Aspen Institute is an educational and policy studies organization based in Washington, DC. Its mission is to foster leadership based on enduring values and to provide a nonpartisan venue for dealing with critical issues. The Institute is based in Washington, DC; Aspen, Colorado; and on the Wye River on Maryland's Eastern Shore. It also has offices in New York City and an international network of partners. For more information, visit www.aspeninstitute.org.