Steve Moseley Joins Wafra to Support Strategic Initiatives

NEW YORK--(BUSINESS WIRE)--Wafra Inc. (“Wafra”) announced today that Steve Moseley, the former head of alternative investments at Alaska Permanent Fund Corporation (“APFC”), has joined Wafra as a Managing Director and will be based in Wafra’s New York headquarters.

Mr. Moseley previously spent over eight years at APFC where he was credited with growing the sovereign wealth fund’s private equity portfolio to include more direct investing and co-investments, and achieving a remarkable, industry-leading track record that is a matter of official public record.

“We are delighted to welcome Steve to Wafra,” said Fawaz Al-Mubaraki, Chief Executive Officer of Wafra. “He is a thoughtful and innovative investor with a track record of success building and scaling investment platforms.” Adel Alderbas, Chief Investment Officer of Wafra, added, “We have enjoyed watching the success Steve has had at APFC and believe his experience and skillset is complementary to Wafra’s mission of providing long-term prosperity for asset owners around the world.”

Mr. Moseley will join the leadership team working on a number of initiatives, including developing a new co-investment initiative that Wafra will be launching. Mr. Moseley’s work will also include supporting the continued growth of Capital Constellation, the innovative joint venture platform that includes APFC amongst its members, as well as Wafra’s broader GP stakes program.

“I am pleased to be joining Wafra, a firm I have gotten to know well over the years,” said Mr. Moseley. “I have tremendous respect for the Wafra team and their collaborative investment program and differentiated approach to partnerships. I look forward to continuing to work with global asset owners to develop and deliver creative capital solutions.”

About Wafra

Wafra is a global alternative investment manager with approximately $33 billion of assets under management. Wafra invests across a range of alternative assets, including strategic partnerships, real estate, real assets and infrastructure. By providing flexible and accretive capital solutions and focusing on long-term partnerships, Wafra aligns and partners with best-in-class asset owners, companies and management teams. Headquartered in New York, Wafra has additional offices in London, Kuwait and Bermuda. For more information, please visit: www.wafra.com.