Firstar’s Asset Management Services
Tumultuous political changes have turned the stability of several international regions to chaotic unrest. The effect has caused a great deal of anxiety exhibited with numerous wealthy families being afraid for the security of their wealth future have decided to seek a secure haven to hedge beyond their borders for more stable and secure investment environment
Firstar strives to help its global investors allocate assets into real estate and business entities in the dynamic international markets. We maximize returns by focusing on real estate and business fundamentals. Our long-term objective is to generate stable and growing distributions for our investors while protecting them against downside risk.
In the mid-nineties, Firstar formed a small team (Mr. Wayne Mixson a former governor of Florida, Mr. Lamar Bailey, a Florida UPD developer and the former Congressman Bill Grant)
The team travelled to the Gulf countries and was warmly received by the top heads of Investment authorities wherever they went. In the State of Kuwait, our close friend and partner (Sheikh Fahad Al-Jaber Al-Sabah, the son of the late Amir). introduced us to the decision makers within the Kuwaiti Investment Authorities as well as to his uncle Sheikh Mishael Al-Sabah, who manages the pool wealth of the Al-Sabah’s family which is estimated in excess of $120 billion.
That trip concluded several sizable transactions in the USA , Middle East and Europe.
In 2005, along with partner Congressman Bill Grand, we respectfully represented H.M. King Abdullah II of Jordan, on key infrastructure and economic development projects in conjunction with support from the Congress of the United States.
During the course of the US rebuilding process in Iraq, Firstar has facilitated the execution of $480m of contracts.
During years, Firstar has built up close business relationships with numerous members of royal families, Sheikhs, tribal chiefs, business leaders as well as a reasonable access to a number of institutional funds such as:
Abu Dhabi Investment Authority
Abu Dhabi Investment Authority is a sovereign wealth fund owned by Emirate of Abu Dhabi founded for the purpose of investing on behalf of the government. It manages the Emirate’s excess oil reserves, estimated to be as much as $1.329 trillion. ADIA has never published how much it has in assets, but estimates have been between $800 billion to approximately $875 billion.
We have access to H.E. Sheikh Mansour Bin Zaid Al-Nahyan office, the head of ADIA and deputy of the UAE Prime Minister
The Qatar Investment Authority - QIA
The QIA was founded by the State of Qatar in 2005 to strengthen the country’s economy by diversifying into new asset classes.
With an estimate US$450 billion (2022), QIA is among the largest fund in the world with huge investments in USA, U.K, France, Singapore and Russia
Oman Investment Authority (OIA)
OIA was established in 2006 to invest in long- and Medium-term projects within and outside Oman aiming to achieve the best possible returns. OIA invests in more than 40 countries worldwide across two categories: OIA was established in 2006 to invest in long- and Medium-term projects within and outside Oman aiming to achieve the best possible returns. OIA invests in more than 40 countries worldwide across two categories:
- Public Markets: global stocks, fixed-income bonds and short-term assets
- Private market: private investments in real estate developments, logistics, service sector, mining, industrial Projects and Technology
Kuwait Investment Authority (KIA)
The Kuwait Investment Authority (KIA) is the oldest sovereign wealth fund in the world which
was established in 1953 with assets exceed $769 billion