Founded in 1989, Alfa Group ("Consortium") is one of Russia’s largest privately owned financial-investment conglomerates, with interests in commercial and investment banking, asset management, insurance, retail trade, water utilities, as well as special-situation investments. Companies of Consortium typically focus on value-oriented, longer-term opportunities, primarily in Russia and the CIS, but also invest in other markets which form part of their strategic business objectives.
Consortium consists of various businesses in which Mikhail Fridman, German Khan and Alexey Kuzmichev hold stakes.
Overview of businesses:
Businesses adhere to corporate development and financial control principles, each business, through its Board of Directors and executive bodies is managed independently.
Alfa Group and its companies are known for their multi-year tradition of charitable activities and support to society and communities in which Consortium operates. While Alfa Group aims to achieve leadership in all its businesses, Consortium’s commercial strategy will always be closely aligned with a strong sense of Corporate Social Responsibility. Alfa Group is also proud of it's cooperation with Russian International Affairs Council (RIAC), a non-profit membership organization. RIAC activities are aimed at strengthening peace, friendship and solidarity between nations, preventing international conflicts and promoting crisis settlement.