Novofin Consulting — Dubai
Debt structuring, M&A and corporate finance advisory across emerging markets.
Middle East · Central and Eastern Europe · Asia
The firm
Management consultancy for companies operating where the map is less well drawn.
Novofin Consulting is a Dubai-based consulting company providing management consultancy to companies across the emerging markets of the Middle East, Central and Eastern Europe, and Asia.
The practice is built around structuring debt financing and advising on M&A transactions, alongside broader corporate finance work. Engagements are led directly by the principal rather than passed down a team, which suits transactions where the constraint is judgement and relationships rather than headcount.
- 01 Debt financing structure and origination
- 02 M&A advisory, buy-side and sell-side
- 03 Corporate finance and capital structure
- 04 Cross-border and privatisation transactions
Sector focus
Energy first.
The firm's principal sector is energy: power generation — nuclear among it — and the transmission and infrastructure that carry it. Novofin advises generators, investors and lenders on debt structuring, acquisitions and disposals of energy assets across its markets.
Alongside energy, the practice remains active in real estate and services, reflecting the principal's own investment interests built over three decades in the region.
Principal
Peter Fellegi · Founder
Peter Fellegi has spent more than three decades investing and advising across the emerging markets of Central and Eastern Europe, Russia and the CIS.
A 1988 graduate of the Prague School of Economics, he was a partner at Europa Capital Management from 1993 to 2006, running the firm's business in Russia, Ukraine and Bulgaria. He managed a USD 100 million portfolio through the Russian voucher privatisation, later the EBRD Post-Privatisation Fund for Bulgaria, and advised Merrill Lynch on debt origination in the region. In 2004 he assembled a USD 250 million consortium led by Advent International to privatise BTC, Bulgaria's monopoly telecom operator, exited two years later.
From 2005 to 2008 he ran the Russian and Ukrainian operations of PPF Investments, then Central Europe's largest private equity group. Since 2010 he has advised US and European investors on M&A and debt transactions in emerging markets, with interests in energy, real estate and services.
- Languages
- Russian · Czech · English · French · Spanish · Hungarian · German
Selected track record
Thirty years of transactions, in sequence.
- 1989 — 1993
- Founded and sold a computer trading businessBuilt in the first years after the Czechoslovak transition; exited 1993.
- 1993 — 2006
- Partner, Europa Capital ManagementPrivate equity and real estate. Led the firm's business across Russia, Ukraine and Bulgaria.
- 1990s
- USD 100m portfolio, Russian voucher privatisationFollowed by management of the EBRD Post-Privatisation Fund for Bulgaria.
- 2004
- BTC privatisation — USD 250m consortiumAssembled the consortium led by Advent International to acquire Bulgaria's monopoly telecom operator. Exited two years later.
- 2005 — 2008
- PPF Investments — Russia & UkraineManaged operations for what was then Central Europe's largest private equity group.
- 2010 —
- Independent advisory and private investmentAdvising US and European investors on M&A and debt transactions in emerging markets.