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Millat Group (Farooqui Family Office)
Millat Group was established in 2016 by Hamza Farooqui. The office oversees capital generated by the Farooqui family's prior activities in banking,...
Millat Group (Farooqui Family Office)
Millat Group was established in 2016 by Hamza Farooqui. The office oversees capital generated by the Farooqui family's prior activities in banking, hospitality, energy, convenience retail, and technology. The office allocates across private equity and real estate. It executes through direct ownership, strategic operating partnerships, and master franchise agreements. Confirmed holdings include multiple Hyatt-branded hotels in Cape Town, Sandton, and Rosebank plus MJets aviation assets in Bangkok. Geographic reach centers on South Africa with additional exposure in Thailand and selected markets in the Middle East and Central Asia. No public headcount or AUM figure is available. The office maintains membership in the World Travel & Tourism Council executive committee and YPO. Philanthropic vehicles include the HAKA Charitable Foundation and the South African Muslim Charitable Trust. No operational events from the last 24 months appear in available records. The structure separates investment decisions from the family's operating businesses while retaining direct control over hotel assets and franchise rights. This hybrid model allows the office to act simultaneously as owner, franchisor, and limited partner in brand-managed properties.
General information
Firm type
Single Family Office
Year founded
2016
AUM
Undisclosed
Location
Region
Africa
Country
South Africa
City
Johannesburg
Corporate office
Johannesburg, South Africa
Principals
Hamza Farooqui
Founder and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Millat Group?
Hamza Farooqui serves as Founder and CEO and directs investment decisions for the office.
How does Millat Group source proprietary deal flow?
The office sources through existing operating partnerships with global brands and direct ownership of commercial real estate assets.
Does Millat Group participate in fund commitments or only direct deals?
Available records show activity limited to direct ownership, master franchise agreements, and strategic operating partnerships rather than third-party fund commitments.
Which sectors does Millat Group explicitly avoid?
No explicit avoidance list is disclosed in public materials.
Where does the underlying wealth come from?
The Farooqui family's wealth originates from prior entrepreneurship in banking, hospitality, energy, convenience retail, and technology.
Does Millat Group maintain philanthropic structures, and how are they separated?
The office supports the HAKA Charitable Foundation and the South African Muslim Charitable Trust as separate vehicles.
What is Millat Group's known posture on co-investments alongside external GPs?
No information on co-investments with external general partners is available in the records.
Profile maintained by Altss 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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