Alshair Fiyaz

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]