Multi-Family OfficeRIA · CRD 116359SEC-Registered

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Foundation Holdings

Foundation Holdings was founded in 2016. It functions as the multi-family office for the Sharma, Sultan, Ali, Bhatnagar, Merchant and Connor families.

Foundation Holdings logo

Foundation Holdings

Foundation Holdings was founded in 2016. It functions as the multi-family office for the Sharma, Sultan, Ali, Bhatnagar, Merchant and Connor families. Their wealth originates from aviation, retail, jewelry and diversified conglomerates operating in the GCC and India. The firm targets long-term value creation through majority and structured minority positions in mid-market healthcare, education and consumer businesses. It deploys evergreen growth capital. Geographic coverage centers on India and the GCC. Confirmed positions include Right Health and the Ryan EduNation joint venture for K-12 schools in India. Additional offices operate in Riyadh, Mumbai and Grand Cayman. In May 2021 the firm signed an MoU with the Bahrain Economic Development Board to support a US$30 million investment into Bahrain's healthcare and education sectors.

General information

Firm type

Multi Family Office

Year founded

2016

Location

Region

Asia

Country

United Arab Emirates

City

Little Rock

Corporate office

Office 1805, South Tower, Emirates Financial Towers, Dubai International Financial Center, Dubai, United Arab Emirates

Additional offices

Riyadh, Saudi Arabia · Mumbai, India · Grand Cayman, Cayman Islands

Principals

Abhishek Sharma

CEO

Sector focus

HealthcareEducation

Frequently asked questions

Who runs investment decisions at Foundation Holdings?

Abhishek Sharma serves as CEO. Operating Partner Karim Idilby participates in deal execution and portfolio oversight.

How does Foundation Holdings source proprietary deal flow?

The firm draws on relationships with families whose operating businesses span aviation, retail and jewelry in the GCC and India. It also maintains ties to government entities such as the Bahrain Economic Development Board.

Does Foundation Holdings participate in fund commitments or only direct deals?

The firm executes majority and structured minority direct investments. It has formed joint ventures such as Ryan EduNation for school operations in India.

What investment stages does Foundation Holdings typically target?

The firm targets mid-market companies with potential for operational improvement and eventual IPOs in healthcare and education.

Where does the underlying wealth come from?

Capital originates from the Sharma, Sultan, Ali, Bhatnagar, Merchant and Connor families, whose fortunes derive from aviation, retail, jewelry and diversified conglomerates in the GCC and India.

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