Darik Elwan is co-founder and Managing Principal of ICG Properties and has been instrumental in directing the firm's broad-ranging development activities in the Washington metropolitan area. His expertise includes project financing, and leasing, with an emphasis on capital structuring and the development of successful equity partnerships.

Early in his career, Mr. Elwan played a key role in launching the ambitious 470-MW Liberty Power project in Pakistan. An initiative of Infrastructure Capital Group, an ICG Properties affiliate, the project was developed jointly with Tenaga Nasional Berhad of Malaysia and the US-based Entergy Corporation. Mr. Elwan directed the equity structuring for the multi-year development effort, traveling extensively throughout Pakistan, Malaysia, and Singapore. He also managed the 1998 sale of ICG's investment interest.

Since 1996, Mr. Elwan has focused primarily on property acquisition, development, and repositioning work in the Washington, DC area. His projects include the landmark 901 F Street (The Gallup Building) redevelopment, which included the restoration, management and ultimately sale of the historic Masonic Temple. He has also overseen the acquisition and repositioning of 1600 K Street, NW , and the acquisition and recapitalization of 2115 and 2121 Wisconsin Avenue, NW.

In addition to his strategic management responsibilities at ICG, Mr. Elwan serves as Managing Director of the firm's international affiliate, Elwan Group Limited., based in Dubai since 2006. He is also a member of the Board of Tanqia FZC, the private wastewater utility developed and majority owned by Elwan Group Limited.

Darik Elwan holds a B.A. in Philosophy, Politics and Economics from Oxford University and a Master's degree in Middle Eastern Studies from Harvard University.