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Work experience

Managing Director and Chief Executive Officer

Makan Capital Group
Makan Capital Group is a leading Shari'ah compliant private equity firm in the MENA region. The firm was established in 2006 to invest in a range of highly promising sectors in which it has the strongest relationships and insights and in which it can leverage the expertise of its investment professionals and partners. The firm's strategy is to achieve superior investment returns by focusing on investment opportunities in the real estate, infrastructure and energy sectors. Makan seeks to realize its investment objectives in part by capitalizing on its significant network of resources, assets and partnerships.




Harvard Business School


Professional Organizations

Financial Executives Networking Group, Turnaround Management Association, Arab Banking Association of North America


Mr. Steven W. Koinis is a business executive who has spent over two decades in the investment sector, working with firms around the world. Today, Steven W. Koinis is the Chief Executive Officer and Managing Director of Makan Capital Group (MCG). Established in 2006, MCG is a private equity firm that is Shari'ah compliant. Mr. Koinis oversees all of MCG’s activities, helping the firm produce investment products and manage real estate holdings. During his two years with MCG, Steven Koinis has assembled a quality team of professionals that flawlessly execute the firm’s investment strategy. Before he joined MCG, Steven W. Koinis served as the Chief Investment Officer at SinoGulf Partners. From his offices in Riyadh, Saudi Arabia, Mr. Koinis improved the private real estate and equity firm’s investment portfolio. Steven Koinis participated in creating innovative programs that ensured business growth and profit. To achieve these goals, Mr. Koinis provided investment analysis and assisted with product placement. In the first quarter of 2007, Steven Koinis raised nearly USD $250 million in 2 real estate-related transactions for SinoGulf Partners. Steven W. Koinis earned his Master’s degree in Business Administration from Harvard Business School. Mr. Koinis performed his undergraduate degree work in Ann Arbor, Michigan, at the University of Michigan. In his free time, Steven Koinis enjoys golfing and reading books by Dan Brown, John Grisham, and Ayn Rand.

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