Executive Director of the Egyptian-American Enterprise Fund
With a passion for knowledge and sustainable development, Amal obtained a Bachelor of Science in Economics from Cairo University with honors and went further to pursue a master’s degree in Environment and Development from the London School of Economics. After gaining infrastructure investment experience as an Associate Investment Officer at the International Finance Corporation and being awarded the CFA charter, Amal took up the challenge of joining Egypt’s Ministry of Finance as an Economist at the Macro-Fiscal Policy Unit. At the Ministry of Finance, she had the opportunity to work on formulating reform policies, drafting the state budget, and negotiating with international organizations on matters that touch the lives of millions of Egyptians and address the nation’s most pressing challenges.
Amal has ambition and a drive to excel, with the aim of improving the lives of others. Through her work in the public sector, Amal was able to identify that the sector is shackled by underdeveloped organizational, managerial, and leadership resources, which encouraged her to pursue an MBA at Harvard University to tackle the country’s shortcomings from the core.
Upon graduating from Harvard Business School, Amal joined the EAEF as the Fund’s first employee, with a mission to realize the organization’s vision: building an investment model aimed at promoting financial inclusion, job creation, and private sector development in Egypt. Amal aspires to lead Egypt on a path of sustainable development that safeguards Egyptians’ rights and future generations’ right to a balanced life.
Board Chairman of the Egyptian-American Enterprise Fund
James Harmon is the Founder and Chairman of the Caravel Fund, an emerging and frontier market fund. He served as Chairman, President, and Chief Executive Officer of the Export-Import Bank of the United States from 1997-2001. James was appointed as EAEF Chairman in 2012 to establish the EAEF. Bringing extensive investment and emerging markets experience, he nominated the board and selected the management team, establishing the EAEF as a reputable player in the Egyptian market today. In 2004, James was elected Chairman of the Board of the World Resources Institute, a global policy and research institution. Prior to working at the Export-Import Bank, James was Chairman and CEO of Schroder Wertheim & Co. investment bank.
Chief Financial Officer
Denver Cheng is a Controller at Caravel Management LLC and, with more than eleven years of accounting experience, is a Certified Public Accountant (CPA). He handled various fund accounting roles and was manager at SS&C GlobeOp Fund Services, prior to which he was a financial services auditor at Ernst & Young. Denver holds a B.S. in Accounting from Binghamton University and is fluent in Cantonese.
Founded in 2015, LCP is an Egypt-focused private equity firm that serves as a bridge between global investors and businesses in underserved sectors in Egypt. Our partners at LCP share our goal of making smart investments that contribute to Egypt’s growth and have a real, positive impact on local communities. LCP helps screen businesses so our Board can make informed investment decisions. Subsequently, our partners at LPC help us to monitor our investments and support our investees.