Multi-Family Office

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DOB Equity

DOB Equity was founded in 1997. It manages capital for the De Rijcke family, whose wealth originated from the Kruidvat pharmacy chain sold to A.S.

DOB Equity logo

DOB Equity

DOB Equity was founded in 1997. It manages capital for the De Rijcke family, whose wealth originated from the Kruidvat pharmacy chain sold to A.S. Watson in 2002. Frank Tobé, a third-generation family member, sits on the board while serving as CEO of Supernova. The firm targets sustainable food systems, renewable energy, and water and sanitation services in East Africa. It backs companies that combine commercial returns with measurable social and environmental outcomes. Capital deploys through direct investments and active portfolio management rather than fund commitments. Geographic reach centers on East Africa with supporting operations in the Netherlands. Team leadership rests with co-CEOs Saskia van der Mast and Hayot Tuichev. The office maintains philanthropic vehicles including DOB Ecology, DOB Emergency, and DOB Foundation. Frank Tobé participates in Horizons Community as a founding member. No recent operational events from the last 24 months appear in available records. The structure separates the investment office from the family's operating businesses and philanthropic arms. This separation allows focused deployment of patient capital while preserving family governance through board representation.

General information

Firm type

Multi Family Office

Year founded

1997

Location

Region

Europe

Country

Netherlands

City

Veessen

Corporate office

IJsseldijk 1, 8194 LA Veessen, Netherlands

Principals

Frank Tobé

Board Member

Saskia van der Mast

Co-CEO and Investment Director

Hayot Tuichev

Co-CEO

Sector focus

Sustainable Food SystemsRenewable EnergyWater & Sanitation

Frequently asked questions

Who runs investment decisions at DOB Equity?

Saskia van der Mast serves as Co-CEO and Investment Director alongside Hayot Tuichev as Co-CEO. Frank Tobé holds a board seat as a third-generation family member.

How does DOB Equity source proprietary deal flow?

The firm works directly with entrepreneurs in East Africa. It maintains membership in AVCA and the GIIN to support network access.

Is DOB Equity structured as a single family office or does it operate more like a venture firm?

It functions as a multi-family office with an evergreen structure. The office makes direct investments and maintains active portfolio oversight rather than committing to external funds.

Does DOB Equity participate in fund commitments or only direct deals?

Available information indicates a preference for direct investments and active partnership with portfolio companies.

What investment stages does DOB Equity typically target?

The firm seeks scalable businesses that can deliver long-term profitability and measurable impact aligned with UN Sustainable Development Goals.

Where does the underlying wealth come from?

Wealth originated from the De Rijcke family's sale of the Kruidvat drugstore chain to A.S. Watson in 2002.

Does DOB Equity maintain philanthropic structures, and how are they separated?

The firm operates DOB Ecology, DOB Emergency, and DOB Foundation as separate vehicles from the investment office.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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