Alshair Fiyaz

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Alshair Fiyaz
Born1972
NationalityBelgian
OccupationBusinessman

Alshair Fiyaz is a Belgian entrepreneur and investor of Pakistani origin. He is the founder of the investment company ALFI investments and the owner of Polo Club de Saint-Tropez-Haras de Gassin.

Biography[]

Fiyaz born in 1972 in Belgium to a Pakistani businessman father.[1]

Alshair Fiyaz is the founder of ALFI Investments, active in the shipping and financial services business.[2] He is also a Polo player and became the owner of the F Polo Team in 2006.[3] He became the owner of Polo Club de Saint-Tropez-Haras de Gassin in 2014.[4]

In 2009, Fiyaz, under the name Solstra Holding, bought Magasin du Nord, an upmarket Danish department store chain, in a joint venture with Straumur Investment Bank.[5] He made a bid to acquire A-Tec's Montanwerke Brixlegg unit in 2011, though he pulled out later.[6] In 2012, Alshair's Solstra Holding bid for the fashion chain Peacocks but it had been sold to the Edinburgh Woollen Mill Group.[7][8] He purchased a major stake in Bella Center[9] and Bella Sky Hotel in Copenhagen[10] and the Marriott Hotel in 2014 through the Solstra Capital Partners.[11]

In 2019, London trader Walid Choucair testified that Fiyaz had engaged in insider trading with him.[12][13] Fiyaz denied the accusations and was not questioned or charged by the authorities.[14][15]

In 2020, Fiyaz partnered with the city of Copenhagen to develop the district Bellakvarter to be fully powered by green energy.[16]

He founded the nonprofit ALFI Foundation[17][18] which was involved in aid efforts after the 2005 Kashmir earthquake.[19] The foundation also provided funding to UNICEF's campaign to combat polio in Pakistan.[20]

References[]

  1. ^ "Insider trading case hears of link to St Tropez polo club owner". www.ft.com. Retrieved 2021-06-07.
  2. ^ "Textile tycoon makes move on Peacocks". CityAM. 2012-02-05. Retrieved 2021-06-07.
  3. ^ "Coupe de l'Hippocampe at the Polo Club St.-Tropez". POLO+10 The Polo Magazine. Retrieved 2021-06-07.
  4. ^ "Alshair Fiyaz's Vision Becomes Reality at the Polo Club Saint-Tropez". Daily Front Row. 2019-10-03. Retrieved 2021-08-31.
  5. ^ "Debenhams steps into mainland Europe". www.ft.com. Retrieved 2021-06-07.
  6. ^ "A-Tec Reopens Penta Talks to Meet Deadline as Fiyaz Pulls Out". www.bloomberg.com. Retrieved 2021-06-07.
  7. ^ Marlow, Kate Walsh and Ben. "Pakistani bid for Peacocks". The Times. ISSN 0140-0460. Retrieved 2021-06-07.
  8. ^ "Surprise suitor emerges for Peacocks". www.telegraph.co.uk. Retrieved 2021-07-28.
  9. ^ "Playboy køber Bella Center - TV 2". nyheder.tv2.dk (in Danish). 2012-09-20. Retrieved 2021-07-28.
  10. ^ Rindahl, Jesper Kongskov og Nicholas (2012-09-20). "Pakistansk rigmand køber Bella Center". borsen.dk (in Danish). Retrieved 2021-06-10.
  11. ^ "Copenhagen Marriott sold – The Post". archive.wikiwix.com. Retrieved 2021-06-10.
  12. ^ News, Bloomberg (2020-11-20). "Two Ex-Citi Bankers Drawn Into London Insider-Trading Appeal - BNN Bloomberg". BNN. Retrieved 2021-06-07.
  13. ^ "Ex-UBS employee and day trader lose appeal over insider trading". www.ft.com. Retrieved 2021-06-07.
  14. ^ "Pair sentenced to three years in jail for insider trading". www.geo.tv. Retrieved 2021-07-28.
  15. ^ "St Tropez polo club owner rejects insider trader's bribery claims". www.ft.com. Retrieved 2021-06-07.
  16. ^ Waller, Nicholas (2019-07-06). "Europe needs sustainable urban development and Copenhagen is paving the way". New Europe. Retrieved 2021-07-28.
  17. ^ "ALFI Foundation acts as a crisis responder,having a history of supporting". The Jerusalem Post | JPost.com. Retrieved 2021-08-31.
  18. ^ "Alshair Fiyaz Provides Aid Across Today's Most Urgent Crises". Haute Living. 2019-09-10. Retrieved 2021-08-31.
  19. ^ Says, Wake. "Kashmir:True humanitarianism knows no borders – IHRC.Org". Retrieved 2021-08-31.
  20. ^ "Pakistan's war on polio may – nearly – be won". www.thenews.com.pk. Retrieved 2021-08-31.
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