Kareem Ghaly Joins Alta Semper Capital as Head of MENA region

Alta Semper Capital LLP, a dedicated private equity firm focused on frontier markets, has appointed Kareem Ghaly as its new Head of the Middle East and North Africa (MENA) region.
Based in Cairo, Egypt, Ghaly will lead the private equity firm’s regional operations, bringing a wealth of expertise and a proven track record to the role. He will officially take on his new position at the end of February.
With over 14 years of experience in investment and advisory, Ghaly has executed transactions exceeding USD 7 B across Egypt and the wider MENA region.
Before joining Alta Semper, he led the Egypt operations of British International Investment (BII), the UK government’s development finance institution, where he drove initiatives across multiple sectors and asset classes.
His career spans prominent roles in investment banking, including senior positions at Renaissance Capital and EFG Hermes, where he advised on high-profile mergers, acquisitions, and capital market transactions.
Notably, his relationship with Alta Semper dates back to his involvement in the successful IPO of Macro Group, one of the firm’s former Egyptian portfolio companies, positioning him uniquely to steer its growth in the region.
Alta Semper’s Managing Partner and CEO, Afsane Jetha, expressed enthusiasm about Ghaly’s appointment, praising his exceptional leadership and track record in delivering results. “Kareem is a dynamic leader with an in-depth understanding of the region and a strong history of collaboration with Alta Semper. His expertise and dedication make him an invaluable addition to our team, and we’re excited about the impact he will have as we continue to expand our presence across the MENA region.”
Alta Semper Capital is a private equity firm focused on frontier markets, with a particular emphasis on healthcare and consumer investments in Africa. Founded in 2015 by Afsane Jetha, former Time Warner CEO Richard D. Parsons, and Ronald S. Lauder of the Estée Lauder family, the firm deploys strategic and adaptable capital to market-leading businesses. Alta Semper’s approach combines a focus on achieving strong financial returns with a mission to drive meaningful social impact.
The firm operates out of London, Cairo, and Lagos, managing funds for institutional investors and family offices.
Since its inception, Alta Semper has demonstrated its commitment to healthcare and consumer growth through investments in leading companies such as MYDAWA, a digital healthcare platform in Kenya; Guardian Health Pharmacy, a leading e-pharmacy operator in Uganda; ODM, Moroccan oncology and diagnostics platform; and Egyptian cosmeceutical company Macro Group.
With Kareem Ghaly at the helm of its MENA operations, Alta Semper is poised to build on its successes and continue driving impactful growth and health equity in the region.