Faisal Mansour Sarkhou
Kamco Invest expands global presence with office in London
KUWAIT, October 2, 2023
Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, has inaugurated its new office, Kamco Invest – London.
This expansion marks a milestone in the company's growth strategy, reinforcing its commitment to providing exceptional opportunities and management capabilities to its client base.
The new London office will initially serve as the epicenter for Kamco Invest's alternative investments, particularly its real estate investment operations. This move is not only a testament to Kamco Invest's steady growth but also to the resilience of the global real estate market and the broad opportunities that it provides across various strategies and risk-return profiles.
Real estate industry expert
Kamco Invest has appointed real estate industry expert, Hassan Farran, to lead the London office as Chief Executive Officer. Farran joins the company from Cushman & Wakefield where, for the past four years, he led the EMEA’s capital market team’s cross-border investment activity with Middle Eastern investors.
As an International Partner, he led the advisory teams on transactions with and on behalf of Middle Eastern clients. Prior to this role, Farran worked over eight years at Savills as the Head of Middle East cross border investment. He brings a wealth of management experience and carefully cultivated relationships to Kamco Invest, which will be instrumental in the development of the London office to a vital component of the group’s network of offices.
Global footprint
Faisal Mansour Sarkhou, Chief Executive Officer of the Group, commented: "The new office is aligned with our strategic vision to extend our global footprint and to provide unparalleled investment opportunities to our clients."
Sarkhou added: “UK holds a unique and esteemed position as a global financial hub. Its mature regulatory framework and access to a diverse pool of international investors make it an ideal location for Kamco Invest's expansion beyond the Mena region. By establishing our presence in London, we are strategically positioning ourselves to leverage the UK's deep financial ecosystem and provide our clients with diversified investment products and services.”
Mohammad Al-Othman, Executive Director of Alternative Investments, said: “This expansion will allow us to harness new opportunities and strategies and provide investors with access to a diverse range of real estate investments, further enhancing the strength and global reach of our portfolio. Over the span of 8 years, we have built an exceptional track record in international real estate. With the new London office, coupled with Hassan's extensive experience, I am confident that we will elevate our real estate offerings to unprecedented levels.”--TradeArabia News Service