Dry Associates Employee Directory

Dry Associates was established in 1994. Over the past two decades, the Company has developed particular expertise in Corporate Finance and Private Wealth Management. In Corporate Finance, Dry Associates has a reputation for raising capital that puts corporations on a sound financial footing. As a pioneer in capital origination in Kenya, Dry Associa... tes has 22 years of experience raising short and long term capital for growing companies. Dry Associates was a pioneer in developing the now vibrant commercial paper (CP) industry in Kenya. This industry raises short term (one year or less) funding for corporations. This short term CP is less expensive than conventional commercial bank overdraft borrowing. Typically, after issuing CP for an established corporation for several years, Dry Associates will then issue longer term (two to five year maturity) debt on behalf of the corporation in the form of long term bonds. This longer term finance may or may not eliminate the need for a CP program but most importantly puts the corporation on a stronger financial foundation than would otherwise be the case. Today, Dry Associates is a leader in all forms of corporate debt origination and is currently working with nine major Kenyan corporations to provide short and long capital for operational and expansion purposes. Dry Associates is also active in raising public as well as private equity. In particular, the Company is working with private companies to provide valuation and private equity options. Many family owned companies, in particular, are realizing the value of outside professional help in succession planning. There are a number of options available to small businesses to realize and unlock value including private sale, management buyout, listing by introduction at the securities exchange, and initial public offering. Dry Associates has expertise in all these areas. In the area of Private Wealth, Dry Associates works with individuals, families, foundations, and other private entities to help clients achieve financial ...Read More