Asset Manager

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Mayhoola for Investments

Mayhoola for Investments was established in Doha, Qatar, as the private investment arm for founder Sheikha Moza bint Nasser.

Mayhoola for Investments logo

Mayhoola for Investments

Mayhoola for Investments was established in Doha, Qatar, as the private investment arm for founder Sheikha Moza bint Nasser. The company reflects a distinct strand of Al Thani family capital, operating alongside but structurally separate from the Qatar Investment Authority to execute concentrated bets on Western luxury houses. The firm’s strategy centers on acquiring and operating heritage luxury brands and their associated real estate. Its portfolio is built around Valentino, the Italian fashion house, and includes flagship commercial properties at 693 Fifth Avenue in New York and on Rue Saint-Honoré in Paris, as well as the Valentino Garavani Archive in Rome. Mayhoola also holds the intellectual property for the QELA brand in Doha. CEO Rachid Mohamed Rachid, who chairs Valentino, manages day-to-day investment operations. In 2023, Mayhoola sold a 30 percent stake in Valentino to Kering SA, retaining majority control while bringing in a strategic co-investor. Rachid Mohamed Rachid leads the firm as CEO while also maintaining his role as chairman of portfolio company Valentino and founding his own vehicle, Alsara Investment Group. In 2023, Mayhoola sold 30 percent of Valentino to Kering SA, integrating a major luxury conglomerate as a minority partner while keeping majority ownership. The firm is also linked to the Qatar Foundation, the royal family’s primary philanthropic entity. Mayhoola’s structural differentiator is its dual identity: a family-backed holding company that operates portfolio assets directly rather than through fund commitments. Unlike sovereign wealth vehicles that diversify broadly, Mayhoola concentrates deeply in a handful of trophy luxury platforms, using brand-level operational control and real estate ownership to drive value.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

Middle East

Country

Qatar

City

Doha

Corporate office

36th Floor, Tornado Tower, West Bay, Doha, Qatar

Principals

Rachid Mohamed Rachid

CEO

Sheikha Moza bint Nasser

Founder

Sector focus

LuxuryReal Estate

Frequently asked questions

Who runs investment decisions at Mayhoola?

CEO Rachid Mohamed Rachid oversees day-to-day investment operations from Doha. Founder Sheikha Moza bint Nasser serves as the firm's primary backer and ultimate decision-maker. Rachid also chairs portfolio company Valentino, linking operational control directly to the investment team.

How is Mayhoola related to the Qatar Investment Authority?

Mayhoola is a separate, privately held investment company for Sheikha Moza bint Nasser and Al Thani family interests. The Qatar Investment Authority is Qatar's sovereign wealth fund. While both represent Qatari royal capital, Mayhoola operates independently with a concentrated luxury mandate.

Does Mayhoola participate in fund commitments or only direct deals?

Mayhoola operates primarily through direct acquisitions and operating control of portfolio companies. The firm has not publicly disclosed a fund commitment program. Its known activity centers on buying and managing heritage luxury brands and their associated real estate assets outright.

Why did Mayhoola sell a stake in Valentino to Kering?

Mayhoola sold 30 percent of Valentino to Kering SA in 2023, retaining 70 percent majority ownership. The transaction brought in a strategic luxury-goods partner with deep operational expertise across brands like Gucci and Saint Laurent. It provided liquidity while keeping Valentino within Mayhoola's control.

What real estate does Mayhoola own?

The firm owns flagship commercial properties tied to its luxury portfolio, including the Valentino store at 693 Fifth Avenue in New York, a Rue Saint-Honoré property in Paris, and the Place Vendôme properties in Paris. It also holds the Valentino Garavani Archive in Rome.

Where does the underlying wealth come from?

Mayhoola's capital originates from Qatari royal family wealth, specifically Sheikha Moza bint Nasser and the Al Thani family. The firm is closely linked to Qatar's hydrocarbon and sovereign wealth complex but operates as a distinct private investment vehicle.

Does Mayhoola maintain philanthropic structures?

Yes, the firm is linked to the Qatar Foundation, the primary philanthropic and educational vehicle of the Qatari royal family. Mayhoola's investment activities remain commercially focused, with philanthropy channeled separately through the foundation.

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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