Arcapita Reviews

Updated March 26, 2014
Updated March 26, 2014
3 Reviews
2.0
3 Reviews

Recommend to a friend
Approve of CEO
(no image)
Atif A. Abdulmalik
3 Ratings

Employee Reviews

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  1.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate  in  Manama (Bahrain)
    Former Employee - Associate in Manama (Bahrain)

    I worked at Arcapita full-time for more than a year

    Pros

    Good learning experience and exposure

    Cons

    Bad culture and a lot of politics

    Advice to ManagementAdvice

    Improve the culture and invest in high calibre staff

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Disappointed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Arcapita

    Pros

    Entrepreneurial and friendly work environment?

    Cons

    Grossly Incompetent senior management. Doesn't have a clue about anything other than accumulating air miles through senseless travel for no reason.

    Advice to ManagementAdvice

    The business model does not work anymore.

    Doesn't Recommend
    Disapproves of CEO
  3. 1 person found this helpful  

    Massive Restructuring Required at Arcapita

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Arcapita

    Pros

    Allowed to be very entreprenurial. Generally get to work with really nice people. Culturally, it is a nice place to work. Shame about the ability of senior management (who are nice but incompetent)

    Cons

    Senior management fail to understand how to run a private equity business. Capital allocation decisions are made on the basis of popularity. The investment committee is comprised of the heads of the deal teams, who's deals are up for approval. There is no chief investment officer or chief risk officer of the bank. The end result is that Arcapita has lost close to US$800 million of its clients money across a portfolio of deals with a book value of US$3 billion. NAV is substantially less.

    Advice to ManagementAdvice

    US$1.1 billion of debt due in April 2012. Total debt of US$2.5 billion. NAV of US$2 billion. Cash revenues are non-existant and are predicated on synidacating new deals (there is no money to do this). Do the math. Company needs to be completely restructured and rebranded with new senior management.

    Doesn't Recommend
    Disapproves of CEO

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