Cairo-based Beltone Financial and Altree Capital, the African asset management firm, have launched Altree Beltone Capital in a joint venture focused on offering investment management and advisory services to local and international investors.

ABC will draw on Beltone's MENA footprint and Altree's African track-record to offer a range of asset management products to institutional and retail investors globally. 

The new firm will also manage equity investments across the region and serve as investment manager/advisor to the Altree Beltone Africa Opportunities fund and the Beltone Gems MENA Equity fund.

With over $4 billion in assets under management, Beltone Financial has affiliate offices spanning Europe and the Middle East.

Altree Capital is a wholly-owned subsidiary of Altree Financial and has offices in Africa, Asia, Europe and the Americas.