Fawad Tariq-Khan Joins Fasanara Capital to Lead Middle East Expansion
Company - People | May 06, 2025 | Zawya
Fasanara Capital, an alternative investment manager based in London, has taken a significant step towards expanding its presence in the Middle East by appointing Fawad Tariq-Khan, the former CEO of Shuaa Capital, as the Managing Director for the region. Tariq-Khan, who brings with him a wealth of experience from his tenure at Shuaa Capital and his ventures in both Quintas Capital and AgentPlex, will help spearhead Fasanara's growth initiatives in the Middle East. Fasanara Capital, managing $4.5 billion in fintech assets, has registered an entity in the Abu Dhabi Global Market (ADGM) and completed a substantial $60 million investment in the Saudi Arabian crowdlending platform, Forus. The appointment highlights Fasanara's strategy to bolster its fintech investment footprint in the region.
Sectors
- Alternative Investments
- Financial Technology (Fintech)
Geography
- United Arab Emirates – Fawad Tariq-Khan, based in Abu Dhabi, will oversee Fasanara Capital's expansion in the Middle East from this location.
- Saudi Arabia – Fasanara Capital has made its initial regional investment with a significant financial commitment to a Saudi crowdlending platform, indicating active engagement in this geography.
- United Kingdom – Fasanara Capital is headquartered in London and operates under its governance and regulatory environments.
- Ireland – Fawad Tariq-Khan has previous investment experience in Irish investment firm Quintas Capital, showcasing connectivity to this region.
Industry
- Alternative Investments – Fasanara Capital operates in the alternative investment sector, focusing on fintech assets and managing funds from pension entities.
- Financial Technology (Fintech) – Both Fasanara Capital's investment focus and its recent securitisation of debt facility investment in Forus show their deep involvement in the fintech industry.
Financials
- $4.5 billion – Total fintech-focused assets under management by Fasanara Capital.
- $60 million – Initial regional investment by Fasanara Capital in the Saudi crowdlending platform Forus.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fasanara Capital | Hiring Company | Company | A London-based alternative investment manager focusing on fintech assets with plans for Middle Eastern expansion. |
| Fawad Tariq-Khan | Appointed Regional Head | Person | Former CEO of Shuaa Capital, appointed as Managing Director for Fasanara Capital's Middle Eastern operations. |
| Shuaa Capital | Former Employer | Company | A Dubai-listed financial services firm where Tariq-Khan served as Group CEO. |
| Exnite | Tariq-Khan's Venture | Company | A venture launched by Tariq-Khan investing in various firms, including Quintas Capital. |
| Quintas Capital | Investment Firm | Company | An Irish investment firm in which Tariq-Khan invested via his venture, Exnite. |
| AgentPlex | Startup | Company | An AI company co-founded by Tariq-Khan and a former Shuaa colleague, highlighting innovation and entrepreneurship. |
| Forus | Investment Target | Company | A Saudi-based crowdlending platform that received a $60 million securitisation debt facility from Fasanara Capital. |