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Monday, November 5, 2012

Pakistani people in private equity industry.

Private equity represents a class of investors, their funds, and their subsequent investments, which are made in private companies or public companies with the goal of taking them private.
Below are some notable Pakistani people from private equity industry around the globe.
1.      Riaz Siddiqi is a Founder and Managing Partner of Denham Capital, a private equity firm that manages over 4 billion dollars and invests in the commodity and energy sectors globally.
2.      Faysal Sohail is a venture capitalist and has served as a General Partner at CMEA Capital since 2002. 
3.      Wahid Hamid is a Senior Partner at Abraaj Capital and Head of Portfolio Management and Operations Group.
4.      Dr. Moeen Qureshi - Chairman of EMP Global, a multi-billion private equity fund; Former Prime Minister of Pakistan; Former CFO of World Bank
5.      Arif Naqvi is founder Abraaj Capital, a leading private equity firm that invests in Middle East and North Africa.
6.      Aamer A. Sarfraz is founder of Indus Basin Holding, a developer of agribusiness projects in Pakistan.
7.      James Caan is also the founder and currently CEO of the UK-based private equity firm Hamilton Bradshaw
8.      asad zain Founding Member at Manara Equity Partners
9.      Abdul Hafeez Sheikh, General Partner New Silk Route Partners (a private equity firm that invests in Asia and middle east)
10.  Sardar Sherazam Mazari. In May 2009, he established Rojhan Capital as Managing Partner, which is an investment and management company focused on Pakistan.
11. Asad Jamal of ePlanet Capital is global venture pioneer. He has offices in Asia, Europe, U.S. he led investments in many hi-tech firms including Baidu ( China’s google), HiSoft (information technology and business process outsourcing company headquartered in China), median technologies (cancer detection company based in France), SiliconFile Technologies(chips for cell phones and cameras, South Korea

Related Link
asad jamal
moheen qureshi
arif naqvi
indus basin holding
sardar sherazam mazari

Thursday, November 1, 2012

How much do Pakistani cricketers earn?

According to Najam Sethi, former chairman Pakistan Cricket Board, the board has earned 800 million rupees profit for year ended 30 june, 2014.

But salaries and bonuses of cricketers is nowhere near to what board has earned.
Salaries and match fees according to categories is shown in following table.
Salary per month (PK RUPEE)
Test match fees ( PK RUPEE)
Twenty twenty fees (PK RUPEE)

Category A include Misbah Ul Haq, Muhammad Hafeez, Saeed Ajmal, Shahid Afridi, and Junaid Khan..
Category B includes Younus Khan, Ahmed Shehzad, Umar Akmal, and Umar Gul.
Category C includes Asad Shafiq, Azhar Ali, Adnan Akmal, Khurram Manzoor, Nasir Jamshaid, and Abdul Rehman.
Category D included Sohail Maqsood, Sarfaraz Ahmed, Bilawal Bhatti, Sharjeel Khan, Zulfiqar Babar, Fawad Alam, Ehsan Adil, Mohammad Irfan, Wahab Riaz, Raza Hassan, Umar Amin, Harris Sohail, Rahat Ali, Shaan Masood, Mohammad Talha, and Anwar Ali.
Earlier Shoaib Akhtar said “I was an elite star, still after playing for 14 years; I only made seven to eight crore rupees.” 

"I made seven to eight crore rupees" Shoaib Akhtar

Seven crore rupees translate to 750000 US dollars approximately. This is a small amount when compared with what cricketer from other countries earn. According to the report, which compared the earnings of cricketers from different countries, Pakistani cricketers earn amount roughly equal to UK average wage. According to this report published during 2010 central contract earnings of Pakistani players at that time was 22500£ per annum, per player. The trend around the globe has been changed players are now paid a percentage of board’s annual earning.
Pakistan cricket board should not only take care of international cricketer but also should pay attention to domestic cricketer players. Although Pakistan premiere league can prove to be a ray of hope for these players as well as many aspirant cricketers.

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