# Coast Investment & Development Co. K.S.C.P.

Coast Investment & Development Co. K.S.C.P. is a Private Equity based in Kuwait City, Kuwait.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Kuwait City, Kuwait
- **Region:** Middle East
- **Address:** Sharq, Al Shuhada Street, Al Asima Governate, Kuwait City, Kuwait
- **Founded:** 2023
- **Assets under management:** Undisclosed
- **Website:** coast.com.kw

## Regulatory record

- **Reports private funds:** No

## About

Coast Investment & Development Co. K.S.C.P. is a private equity firm based in Safat, Kuwait. It focuses on buyout investments and manages approximately $95.57 million in assets.

## Sectors

- Private Equity
- Real Estate
- Venture Capital

## People

- Asaad Ahmed Omran Al Banwan — Vice Chairman & CEO
- Basim Abdulla Mohammed Al Othman — Chairman
- Abdul Wahab Mohammed Ali Al Wazzan — Director
- Ayad Abdulla Ahmed Al Sumait — Director
- Osama Abdullah Khaled Al-Ayoub — Director
- Jasem Al-Zaid — SVP - Asset Management Group
- Omar Zaghloul — AVP – Direct Investment Department
- Mohammed Hijazi — VP - Real Estate Department

## Questions

### Who runs investment decisions at Coast Investment & Development?

Vice Chairman and CEO Asaad Ahmed Omran Al Banwan runs day-to-day management, with oversight from Chairman Basim Abdulla Mohammed Al Othman and the board. The asset management group is led by SVP Jasem Al-Zaid, and direct investments are managed by AVP Omar Zaghloul, per the firm's website.

### What investment stages does Coast typically target?

Coast's private equity activity spans buyout, growth, management buy-in/out, restructuring, pre-IPO, and spin-off transactions, per its disclosed strategy. The firm also invests in real estate and global VC funds.

### Does Coast participate in fund commitments or only direct deals?

Coast employs both strategies. It makes direct investments, including in German private equity and real estate, and commits to global private equity and VC funds as part of its international diversification, as noted in the 2023 chairman's statement.

### Where does Coast's investment capital come from?

Capital comes from retained corporate earnings, listed equity, client assets under management, and its paid-up capital of KWD 46.5 million ($155 million). The firm reports being debt-free, with no external borrowing in its capital structure.

## Related profiles

- [Co-op Funds](https://altss.com/profile/co-op-funds)
- [Coast2Coast](https://altss.com/profile/coast2coast)

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Last updated: 2026-07-09T00:17:45.313Z

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