# First Investment Company

First Investment Company is an Asset Manager based in Kuwait City, Kuwait.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Kuwait City, Kuwait
- **Region:** Middle East
- **Address:** Kuwait City, Kuwait
- **Founded:** 1997
- **Assets under management:** Undisclosed
- **Website:** fic.com.kw
- **LinkedIn:** https://www.linkedin.com/company/first-investment-company

## Regulatory record

- **CRD number:** 108260
- **SEC file number:** 801-50659
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-05-22T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/108260

## About

First Investment Company is an SEC-registered investment adviser in NEW YORK, NY, registered since 1995. The firm manages $136.5 billion in regulatory assets. It has 392 employees and 46 investment advisers.

## Sectors

- Real Estate
- Financial Services

## People

- Bader Mohammed Al-Qattan — Chairman of the Board

## Questions

### Who runs investment decisions at First Investment Company?

Investment oversight is led by the Board of Directors under Chairman Bader Mohammed Al-Qattan. The firm's executive management team handles day-to-day advisory and asset management activities, with a Shari'a Board ensuring compliance with Islamic principles across all investment decisions.

### Does First Investment Company participate in fund commitments or only direct deals?

FIC engages primarily in direct holdings across listed equities, real estate, and co-investment consortia. Its stake in Boursa Kuwait was assembled through a direct consortium structure alongside National Investments Company and Arzan Financial Group, not through fund commitments.

### Which sectors does First Investment Company explicitly avoid?

As a Sharia-compliant firm, FIC excludes sectors such as conventional financial services involving interest, alcohol, gambling, and other activities prohibited under Islamic law. The firm's Shari'a Board reviews all investments to ensure ongoing compliance.

### How is First Investment Company related to Kuwait Finance House?

Kuwait Finance House has served as a historical financing and debt restructuring partner to FIC, based on prior business dealings. The relationship is operational and advisory rather than one of common ownership.

## Related profiles

- [Financial Services Capital](https://altss.com/profile/financial-services-capital)
- [Formation Group](https://altss.com/profile/formation-group)

---

Last updated: 2026-07-08T23:45:51.305Z

Canonical page: https://altss.com/profile/first-investment-company

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology