Founded in 1989, Alfa Group ("Alfa") is one of Russia’s largest privately owned financial-investment conglomerates. Alfa Group is not a legal entity but a combination of independent businesses, operating mainly in Russia and CIS with stakes held individually and independently by Mikhail Fridman, German Khan and Alexey Kuzmichev. Besides these three individuals other shareholders also hold stakes in some of the businesses. Alfa companies’ businesses include commercial and investment banking, asset management, insurance, retail trade, water utilities, as well as special-situation investments. Companies of Alfa 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.
Overview of businesses:
All businesses adhere to corporate development and financial control principles. Each business, through its Board of Directors and executive bodies is managed independently.
Alfa Group companies are known for their multi-year tradition of charitable activities and support to society and communities in which Alfa operates. While Alfa aims to achieve leadership in all its businesses, the commercial strategy of each of its businesses will always be closely aligned with a strong sense of Corporate Social Responsibility. Alfa 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.