Univest Group appoints New Chief Investment Officer

Kuwait city – November 2007, Univest Group has Appointed Mr. Richard Bushman as Chief Investment officer of Univest Group, Mr. Bushman comes with an extensive history and expertise in the financial industry Richard started his career with the Chase Manhattan Bank in 1982. In 1984 he co-founded the bank's Financial Advisory Group and successfully completed transactions in Belgium, Saudi Arabia, Kuwait, Bahrain and Spain. Richard sits on the boards of Katana energy international company and US Helicopters Company

Prior to that Richard acted as Head of Corporate Finance and Chief Investment Officer for Kingdom Establishment a leading global investor from Saudi Arabia. Since 1997 Richard has been based in London and worked as a Director of Long Acre Partners, a TMT boutique owned by JP Morgan, and then as Managing Director of the Trinity Group, an alternative asset merchant banking firm where he completed a range of major fund and corporate finance assignments.

In 2006 he returned to the Middle East, and joined Univest Group in Kuwait, where he acted as a General Manager and has recently been promoted to his new post as CIO, Richard is a graduate of Harvard University.

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Richard Bushman
Chief Investment officer