Close

Carlyle Group Co-Founder Stephen L. Norris Joins NEAH GES Advisory Board

May 13, 2015 8:59 AM EDT

DUBAI, United Arab Emirates, May 13, 2015 /PRNewswire/ -- NEAH GES (GES), today announced that Stephen L. Norris has joined the Company's Advisory Board. Currently serving as Chairman of Stephen Norris Capital Partners, LLC, Mr. Norris has substantial global expertise in structuring, negotiating and implementing leveraged buy-outs, cash-flow-based investments and financing strategies in the public and private capital markets.

Logo - http://photos.prnewswire.com/prnh/20150513/215771LOGO

Mr. Norris is one of four co-founders of the Carlyle Group, a major private equity firm based in Washington, D.C. From 1987-1997, Mr. Norris was a principal participant and key advisor in Carlyle's numerous investments in various public and private companies. While at Carlyle, Mr. Norris, along with other senior members of the Carlyle team, participated in the acquisition, disposition, strategic focusing and financing (in public and private markets) of numerous companies involving several billion dollars of equity capital. Carlyle invested in leveraged buyouts (LBOs), venture capital (particularly telecommunications and wireless companies in the pre-Internet days), and real estate. Today, Carlyle is one of the largest and most successful private equity firms in the world.

GES is aggressively expanding its commercial business lines on the African Continent. GES Africa business divisions currently include Power Generation and Infrastructure, Maritime, Aviation, Ground Logistics, and Emergency Medical Services. The addition of Mr. Norris will substantially increase GES relationships across Africa for major clients in the oil, gas, mining, heavy industry as well as local and sovereign governments.

About NEAH GES

NEAH GES (GES) provides comprehensive logistics, power generation and security management for global energy and critical infrastructure assets. GES business divisions currently include Power Generation and Infrastructure, Maritime, Aviation, Ground Logistics, and Emergency Medical Services. GES utilizes extensive experience within the African and Middle Eastern regions to effectively wrap energy and infrastructure assets with sophisticated physical and financial risk mitigation protocols ("GES WRAP"). GES is an authorized vendor for the U.S. Department of State, United Nations, USAID, and other global governmental agencies. GES expertise provides commercial and governmental organizations comprehensive risk mitigation solutions unparalleled in the global marketplace.

About Stephen L. Norris

The Honorable Stephen L. Norris served on the Board of Directors of each major Carlyle Group portfolio company and played a major role in strategic decisions. During his tenure, Carlyle's investments produced very successful returns for the investors, averaging approximately a realized 40% internal rate of return (IRR). Most notably, Mr. Norris had direct responsibility for well over $1 billion in investments, in addition to directing and managing a prominent investor's investment in the recapitalization of Citibank now Citigroup. Mr. Norris' business relationships also made possible this investor's subsequent investments in Euro Disney and Four Seasons Hotels. By the end of 1998, these three investments had produced well over $10 billion in profits. In 1992, Mr. Norris was appointed by President George Bush, and confirmed by the U.S. Senate, as one of the five board members of the approximately (at the time) $68 billion Federal Retirement Thrift Investment Board. Until late 1996, Mr. Norris served on the Advisory Committee of SEAG, Inc. which advises the Saudi Government on economic development and diversification within the Kingdom of Saudi Arabia. Prior to co-founding Carlyle, Mr. Norris was a Corporate Vice President of Marriott Corporation in Washington, D.C. He was a principal strategist and advisor for Marriott's substantial public and private financings, limited partnerships, acquisitions and divestitures from 1981 to mid-1987. Mr. Norris was a Fellow at Yale Law School (1977) and received a B.S. and J.D. (1972, 1975) with honors from the University of Alabama, and an L.L.M. from New York University (1976).

Media Contact:

Aaron WilliamsonEmail+41 78 721 5993www.gesglobal.ae

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/carlyle-group-co-founder-stephen-l-norris-joins-neah-ges-advisory-board-300082557.html

SOURCE NEAH GES



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases

Related Entities

Citi, The Carlyle Group, Definitive Agreement