AlTouq Group

About us

AlTouq Group is a Saudi Arabian Family Office
established in the 1970's as an investment vehicle for the AlTouq family. It has grown into a sophisticated local and international investor with a global revenue generating asset base.
Together, the family patriarch and the next generation of family leaders and professionals who work in the Group, have utilized their expertise and insights to harness AlTouq Group into a large asset management group that aims to generate superior returns across its globally diversified portfolio.

As a sophisticated financial investor, AlTouq Group has focus on the entire breadth of liquid and illiquid, traditional and alternative asset classes ranging from direct investments, real estate, public and private equity to hedge funds amongst others. The Group has time-tested investment relationships with top decile managers in all asset classes and works closely with them on existing and new investment opportunities.

The geographical span of AlTouq Group investments is a mix of strategic and opportunistic allocations in Europe, North/South America, Asia and the MENA region.

Some industry verticals that have enjoyed greater investment focus with AlTouq Group in recent years include industry verticals such as:
Food, consumer & retail | Power & Energy | Financial services | Healthcare and | ICT.

Other sectors such as real estate, industrials and multi-investment businesses continue to be positioned in the AlTouq Group investment portfolio as well.
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Vision

God willing, we will increase the tangible value of our family portfolio of investments and business interests. We will provide for our family’s current and future generations and for people associated with oTur family. We will also care for the wider good of our community and the Kingdom of Saudi Arabia as a whole.

Mission

We will trade, invest, spend and capitalize responsibly. We will partner and take lead in business ventures to maximize shareholder value of our investments. We will work towards creating monetary value for the family and its generations while balancing it with fun and hard work.

Values

Be a financially solvent and sound professional family office.
Provide quality service to family members.
Act with integrity.
Safeguard assets.
Attract and retain a pool of highly talented people.

FOUNDER

Sheikh Ibrahim AbdulAziz AlTouq was born in 1940 in AlHassa, Saudi Arabia.
He studied Civil Engineering in Egypt and Germany and also spent time as a student in the United Kingdom. He started his professional career with the Juffali group and retired in 1995 after serving as GM for over 25 years.
He was the Chairman of the board of Banque Saudi Fransi from 1988-89 until resigning in early 2011. He is also the former Chairman of the Riyadh Chamber of Commerce and Industry.

Well recognized in the business and banking community, He currently chairs or is a board member of many companies. He has also been awarded many international awards, such as the "Chevalier de la Légion d'honneur" award in 1998 from the President of France, in recognition of his continuous efforts in promoting Saudi-French business cooperation.

His style of value and impact investing has benefitted the Kingdom of Saudi Arabia on a sustained basis for decades, creating employment for Saudi, leading to industrial and economic development in the Kingdom as well as establishing iconic companies as founder shareholder which form part of his legacy of success.
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EXECUTIVE MANAGEMENT

The executive management is supported by a robust team of experienced professionals with backgrounds and qualifications in accounting, finance, back office operations, compliance, legal, corporate finance and investment banking.
AbdulMohsen Ibrahim AlTouq
Chief Executive Officer
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Mr. AbdulMohsen
Saif Ibrahim AlTouq
Deputy Chief Executive Officer
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Mr. Saif Ibrahim AlTouq
Asher Noor
CIO and Group CFO
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Asher Noor
Mr. AbdulMohsen Ibrahim AlTouq was born in January 1974 in Riyadh, Saudi Arabia. He completed his Bachelor Degree in Business Administration majoring in Finance from King Saud University in 1995. After his international work experience at Credit Agricole Indosuez in Geneva and locally at HSBC in Riyadh, he is now the CEO of his family office - the AlTouq Group since 1998. He manages the investment portfolio of the Group that spans Asia, MENA, Europe, South and North America. He currently chairs or sits on the boards of several companies, which include; Dar Al Tamleek, Saudi Fransi Capital, Stepco and MetLife AIG ANB, amongst others.

He regularly features as a panelist and speaker on regional and international conferences. He is also a member of the Young Presidents Organization (YPO) and the Young Arab Leaders (YAL).
Mr. Saif Ibrahim AlTouq joined AlTouq Group as Deputy CEO in 2007 and started actively managing the family’s investments with special focus on food, consumer and retail sectors and local real estate. He is currently on the Board of several companies locally and internationally.

His past work experience outside the family group has included extensive working experience in treasury and corporate banking division of Banque Saudi Fransi from 1998 to 2006 including graduation from the coveted BSF PDP program in 1999. Prior to that Mr. Saif had also completed his diploma from The Institute of Public Administration, KSA majoring in Banking Management and Operations.

He has also attended numerous business, accounting and management training courses with the BIBF, IOB and EIB amongst others and is a well-respected member of the Saudi business and investment community.
Asher Noor is the Chief Investment Officer and Group CFO for AlTouq Group. His last job was CFO for Morgan Stanley Saudi Arabia and prior to that he has worked for Banque Saudi Fransi as well as PricewaterhouseCoopers.

Asher is or has been on the board of many companies regionally and globally, in sectors as diverse as aviation, energy, financial services, infrastructure, information technology and telecom amongst others, representing AlTouq Group’s investments. His corporate finance and treasury experience includes taking a company public, trade sale exits as well as financial restructuring and advisory roles for subsidiary companies. He currently represents AlTouq Group, as Chairman of the Board of Ajeej Capital DIFC Limited – a leading MENA focused, alternative investment manager.

Asher is a gold medalist, has been awarded the Middle East CFO of the Year Award in 2014 and is a Fellow of Institute of Chartered Accountants of Pakistan. He is also a qualified Trust & Estate Practitioner and holds an MBA in family business from EDHEC Business School, France.

INVESTMENTS

AlTouq Group invests with the top tier global and private equity fund managers in Europe, North/South America and Asia with established track records; largely in growth equity, mezz finance, LBO or distressed buy-out strategies. This is depending on guidance from the Investment Committee and allocation opportunities within the portfolio. The private equity investments cover most industries/sectors and the rationale for investing in this asset class is driven by the desire to improve the risk/reward composition of the portfolio by generating a higher absolute return along with portfolio diversification.

The Group understands from the onset what private equity as an asset class entails in terms of longevity of the investment horizon and the impact of the J-curve on cash flows. The private equity team of the Group conducts a thorough due diligence prior to presenting the opportunity to the Investment Committee. They have also developed a robust performance review and monitoring mechanism. The Investment Committee of the Group continues to be mindful of ensuring that the mix of private equity investments, vintage years and underlying diversification works to the Groups advantage.

The Group also works closely with the General Partners to identify co-investment opportunities as well.
AlTouq Group has sizeable exposure to both local/regional as well as global equities in developed, emerging and frontier markets. The investments are done and/or managed both directly as well as through established public equity portfolio managers and DPM portfolios. Investment strategies in the public equity market such as buy and hold, value investment, growth investment and even contrarian strategy are deployed on an on-going basis in light of macro-economic news and the Group’s convictions.

The team of analysts in-house as well as our select partners provide research based on fundamental and technical analysis and our trading philosophy incorporates a bit of both. In terms of monitoring and benchmarking, the Group deploys typical benchmarks but is nimble enough to re-select and/or customize benchmarks while re-evaluating return goals and risk tolerance. This especially holds true when the diversified nature of the Groups public equity portfolio does not readily equate to a standalone benchmark as a measure of performance review.
AlTouq Group has a substantial exposure to local and international real estate, through direct ownership as well as via private equity funds. The portfolio is a healthy mix of high-yield income generating core real estate as well as prime properties and land bank with a strong potential for capital appreciation. The aim remains to ensure relatively consistent total returns that are a hybrid of income and capital growth.

The Group actively monitors its real estate portfolio to ensure that offices, retail, industrial and leased residential sectors etc., are balanced out within the portfolio, in line with trends and projections. The continued focus on the breadth of real estate universe for relative value, diverse exposure and quest for yield and capital appreciation means that the Group works hard to successfully identify and invest with the best managers in each real estate market segment.
AlTouq Group has direct stakes in Saudi Arabian, MENA, European, Asian and North American companies where their nominated representatives add value on the Board and provide strategic vision, expertise and offer their peer-network to the benefit of the company.

By taking anywhere between significant minority stakes and majority control in operating companies, the Group works with the managements to provide not just strategic direction but also helps on operational matters such as facilitating banking facilities. The aim remains to be an intelligent partner that provides the means and abilities to transform the business top and bottom line, introduce it to newer markets and segments while providing intellectual support at executive, investment, compensation and audit committees level.

In addition to the more active direct investment, the group also looks at the relatively passive, non-controlling investment deals as well via co-investment opportunities. The Group is able to attract the most prized co-investment opportunities due to their relationships with General Partners of PE funds who value the Groups sophistication, association and expertise.

Contact Us

AlTouq Group POBOX 27483, Riyadh 11417  Kingdom of Saudi Arabia 
Phone: +966.11.4770688
Fax: +966.11.4781535
Email: admin@altouq.com

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CAREERS

We are always on the lookout for good talent. So if you feel you have the right qualifications, attitude and desire to find a reliable employer for the long haul, please do write to us of your interest and abilities at
admin@altouq.com