- Chris Buchanan joins Permira as Partner, Global Head of Capital Formation
- Nader Salman appointed as Managing Director, Head of Middle East
London, 3 February 2025– Permira, the global investment firm, today announced that it has appointed Chris Buchanan as Partner and Global Head of Capital Formation and Nader Salman as Managing Director, Head of Middle East in its Capital Formation team.
The firm intends to open an office in Dubai in 2025, which will enable Permira to enhance its coverage and footprint in the Middle East, working closely with existing local and regional investors and developing new strategic partnerships.
Prior to joining Permira, Chris was a Partner at Apollo Global Management for 16 years working across various roles including Global Head of Institutional Client Group, Co-Head of Institutional Client & Product Solutions, and Head of American and European Sales. Prior to that he worked at Citi, Credit Agricole and Capital International. At Permira, Chris is based in London and currently leads a team of 30 people globally across investor coverage and project management within the Permira Capital Formation team.
Nader Salman joins from Neuberger Berman where he was Managing Director, Middle East & Africa, based in Dubai, leading the firm’s coverage across distribution channels and investment capabilities for over eight years. He was responsible for overseeing the firm’s strategic relationships and leading a regional sales team. Nader previously held senior alternative investment roles in the Middle East at Société Générale, Man Group and Evolvence Capital.
Dipan Patel and Brian Ruder, Co-Managing Partners and Co-CEOs of Permira, said: “We are delighted that Chris has joined the firm, bringing with him a strong industry track record and ability to lead a global team managing our growing investor relationships. His appointment reflects the importance and priority we place on providing our investors with a world-class client service and product management across both private equity and credit. We continue to see increasing competition and rising investor expectations across the private markets, reflecting a natural evolution for the industry. Permira is well positioned looking ahead given our global, growth-focused platform, our commitment to remain a private partnership, and the firm’s longstanding heritage over 40 years.”
Commenting on Nader Salman’s appointment and the firm’s strategy for the Middle East, they added: “We are delighted to welcome Nader to the team to lead and grow our key institutional and private wealth relationships in the Middle East. The region has become an increasingly important market for us given the growing interest in alternative assets from Middle Eastern investors, their increasing sophistication and pools of capital.”
Chris Buchanan, Partner and Global Head of Capital Formation, commented: “I am excited to have joined Permira, a firm with a leading, economic cycle-tested investment platform across private equity and credit that has successfully raised €80 billion to date with strong investor relationships globally. I am looking forward to further institutionalising and modernising Permira’s Capital Formation business, both working with the strong existing talent in the team and building out new capabilities, focusing particularly on key geographies and private wealth given its increasing importance as a long-term shift in the market.”
Nader Salman, Managing Director and Head of Middle East, added: “I’ve always admired Permira and I’m thrilled to have joined the Capital Formation team. Permira has key investor relationships in the Middle East; establishing a local presence is an exciting step forward in growing within the region and deepening strategic partnerships with both institutional and private wealth investors, while broadening access to alternative investments across Permira’s global private equity and credit platform.”
The new Permira representative office is subject to approval from the Dubai Financial Services Authority, as is customary when opening a representative office of this nature in the Dubai International Financial Centre Free Zone, Dubai.
