Abu Dhabi – Mubasher: Waha Capital has appointed Rashid Siddiqi as a managing director of its private debt business, according to a statement.

Led by Mirza Beg, the company’s private debt business was launched last year, providing financing and direct lending solutions to mid-market companies in the Middle East, Africa, and Turkey.

Beg and Siddiqi will manage the credit opportunities fund which would be the inaugural fund offering from Waha’s private debt.