Fournol & Co · Iraq

Strategic Advisory in Iraq

Independent advice for institutions, sovereign investors and multinational groups.

Fournol & Co advises on complex investments, strategic transactions and high-value projects requiring discretion, precision and execution in Iraq.

Initiate a Confidential Discussion

Independent judgement. Direct execution.

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About

A Specialist Firm

Fournol & Co is an independent advisory firm focused exclusively on Iraq.

We advise institutional investors, corporations and advisory firms on transactions, market entry strategies and complex mandates requiring strategic clarity and execution capability.

Our work sits at the intersection of capital, policy and negotiation.

40+
Years of international experience
2003
Continuously engaged in Iraq
3
Frontier markets · Vietnam · Romania · Iraq
Experience

Experience

Distinctive Positioning

Distinctive Positioning

Iraq is not a standard market.

It requires judgement, access, and operational understanding.

We provide independent advice grounded in experience, discretion and direct market engagement.

On-Ground Presence

Continuous engagement in Iraq since 2003. Direct relationships with institutional counterparts.

Senior-Led Mandates

Every engagement is personally led by the Managing Partner. No delegation to junior teams.

Structural Alignment

Compensation combining retainer and success-based fees ensures our interests remain aligned with outcomes.

Unconditional Discretion

Sovereign-grade confidentiality. Every engagement operates under strict non-disclosure protocols.

Mandates
01

Strategic Advisory

Market entry · Structuring · Positioning · Regulatory navigation

02

Transactions

M&A · Acquisitions · Partnerships · Strategic investments

03

Institutional Advisory

Public sector projects · Infrastructure · Negotiations · Stakeholder alignment

04

Special Situations

Sensitive mandates · Disputes · Complex negotiations · High-stakes environments

Approach

Approach

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We accept a limited number of mandates each year.

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Engagements are partner-led, confidential and outcome-driven.

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Our remuneration structure aligns our interests with those of our clients through a combination of retainer and success-based compensation.

Paris · Baghdad · Dubai

Pierre Fournol
Founder & Managing Partner

Pierre Fournol

Founder & Managing Partner · Fournol & Co

Pierre Fournol is an international advisor specialising in cross-border transactions, investment structuring and complex negotiations in Iraq.

He advises institutions, investors and corporations on high-value mandates requiring discretion, strategic judgement and execution capability.

His experience combines international business exposure with long-standing engagement in the Iraqi market.

MBA · Chicago Booth Paris II Panthéon-Assas Iraq since 2003 Francis Lefebvre · Jeantet · KPMG M&A · FDI · Negotiations
Market Intelligence

Market Intelligence

Iraq · Investment Climate

Iraq's Investment Landscape in 2025–2026

A structural overview of sector priorities, regulatory developments and emerging opportunities for institutional investors.

2025
Iraq · Infrastructure

Public-Private Partnerships in Iraqi Infrastructure

Key structuring principles, stakeholder dynamics and entry considerations for international groups.

2025
Iraq · Sovereign Funds

Engaging Iraqi Sovereign and Institutional Capital

An operational briefing on the institutional landscape, decision-making structures and engagement protocols.

2025

Full briefings available upon engagement. Selected notes distributed to institutional counterparts on request.

Fournol & Co works with a limited number of clients.

Engagements are considered selectively based on strategic relevance, seriousness of mandate and alignment of interests.

Confidential Enquiries

Confidential Enquiries

For institutional or strategic mandates, write directly.

p@fournol.com
France +33 6 20 74 73 45
Iraq +964 781 788 6798
Paris 320 rue Saint-Honoré, 75001 Paris