FAB Capital

FAB Capital

FAB Capital was established as a Closed Joint Stock Company in Riyadh in 2018, fully capitalized by First Abu Dhabi Bank PJSC (FAB) with SAR 52.5 million in paid-up capital. The parent bank's chairman, Sheikh Tahnoon bin Zayed Al Nahyan, is the ultimate overseer of the entity, which operates under a Capital Market Authority license authorizing dealing, arranging, advising, custody, managing investments, and operating funds. The board is chaired by Khaled Abdullah Alrubaian, CEO of Banoon Investments, with Tareq Almunajem, CEO of the Almunajem Group family office, serving as an independent member. FAB Capital deploys capital through securities services that span advising, arranging, custody, dealing, and operating funds. While detailed AUM and deployment figures remain undisclosed, the broader FAB group portfolio includes direct ownership of real assets across the UAE, Italy, the Bahamas, Colombia, and the United States. Confirmed assets include Mismak Properties in Abu Dhabi, the Treasure Cay Resort in the Bahamas, a waste-to-energy plant in the US, and the Cerrejon coal mine project in Colombia. The investment posture combines regulated Saudi Arabian fund and securities advisory with the exposure of a sovereign-linked balance sheet to international real estate, hospitality, and energy infrastructure. The firm operates from a single office at 7756 King Fahad Road in Riyadh. While FAB Capital does not publicly disclose team size, it describes its staff as a distinguished group of elite executive officers. The board connects to the regional governance ecosystem through a strategic partnership with the GCC Board Directors Institute. Andy Cairns, a board member of the parent group, chairs the Gulf Bond and Sukuk Association. June 2023: FAB Capital marked five years of operations since its CMA license commencement on 12 June 2018, maintaining its mandate across arranging, dealing, and fund management activities. FAB Capital's structure merges a regulated Saudi securities license with a balance sheet tied to a global sovereign-linked bank. Unlike a standalone family office or private investment firm, FAB Capital functions as a distribution and advisory arm for a parent entity that controls hard assets from the Caribbean to Europe. The governance chain runs directly to Sheikh Tahnoon bin Zayed Al Nahyan, whose oversight of First Abu Dhabi Bank incorporates this Riyadh-based subsidiary into the UAE's broader sovereign investment architecture.