DUBAI—Carlton Group has established a new Middle East/North Africa(MENA) region, and tells GlobeSt. in anEXCLUSIVE,adding that EdMcClendon has beenhired to lead the unit.

Carlton chairman Howard Michaels notes thatMcClendon is a highly-successful real estate investment banking andalternative investment executive with more than 30years of real estate valuation and investment bankingexperience.

McClendon, who resides in Dubai, is a capitalmarkets specialist who has raised billions of dollars of capitalfor domestic and global corporations and financial institutionsthrough private equity investments, senior creditfacilities, PIPES, mezzanine financings and negotiationswith strategic partners for joint ventures.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.