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History of Gulf Capital
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 Gulf Capital was formed by Andrew Alderson in December 2004 following almost two years working in post-conflict Iraq, where he and his team were responsible for the finances and all economic activities for the four southern governorates of Basra, An Nasariya, Maysan and Al Muthanna.
In July 2003 an interim government was formed in Basra by the British Ambassador Sir Hilary Synnott to represent approximately 20%of the population. To manage all aspects of the Iraqi economy a team of forty eight specialist consultants was brought together with one department under the direction of Andrew Alderson, formerly a banker with Lazard one of the UK pre-eminent banks. This team represented the largest part of the UK government's economic efforts in southern Iraq and now forms the basis of the core Gulf Capital team.
During the fourteen months operating as the interim coalition government this team managed over 400 projects valued at over US$350 million as well as being responsible for the disbursement of over US$ 1.2 billion in operating budgets and salaries throughout the region. Critical to its success was its understanding of the cross-sector complexities of a command economy – for example specialists in engineering working together with finance specialists to bring projects to fruition.
As a consequence the team has a strong working knowledge of the underlying Iraqi economy and how it operates and has forged strong relationships with trusted Iraqi partners, contractors and government officials at all levels.
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