Bloomberg News reports that with start up capital of $10m, Kamangar ditched his job at Deutsche Bank’s EMEA technology and telecom team in London after eight years to set up advisory and investment firm Griffon Capital in September.
The rationale: to capitalize on deals and foreign investment into Iran if sanctions are lifted.
'For the first two weeks after leaving Deutsche Bank I couldn’t sleep', the Tehran native said July 9 from Dubai. 'I’d wake up in the middle of the night thinking ‘what have I done?’ But after those two weeks, there’s not been a single day when I’ve not thought that this was the right thing to do'.
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