Alfa Group

This article is about Russia's largest privately owned investment group. For Mexico City Police special forces group (Agrupamiento Alfa), see Law enforcement in Mexico City § Preventive Police. For the Russian counter-terrorism unit, see Alpha Group.
Alfa Group Consortium
Консорциум "Альфа-Групп"
Company typePrivate
IndustryDiversified investments conglomerate
Founded1989
FounderMikhail Fridman
Anatoly Potik
German Khan
Alexei Kuzmichov
Area served
Russia, Ukraine, Turkey, Netherlands, Belarus, Kazakhstan, CIS
Key people
Mikhail Fridman
Anatoly Potik
German Khan
Alexei Kuzmichov
Petr Aven
RevenueIncrease US$16.613 billion (YE2012)[1]
Decrease US$2.722 billion (YE2012)[1]
Total assetsIncrease US$82.598 billion (YE2012)[1]
Total equityIncrease US$21.279 billion (YE2012)[1]
SubsidiariesAlfa-Bank
Alfa Capital Management
Alfa Capital Partners
AlfaStrakhovanie Group
Altimo
X5 Group
A1 Group
Rosvodokanal Group
Websitehttps://alfagroup.org/

Alfa Group Consortium (Russian: Консорциум «Альфа-Групп») is Russian international privately owned investment groups, with interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, water utilities and special situation investments.

The group was founded in 1989 as Alfa-Eco by Israeli-Russian businessman Mikhail Fridman together with US/(former USSR) businessman Anatoly Potik. Alfa Eco was formed as a joint venture by Anatoly Potik's company ADP Trading (20% stake) and Mikhail Fridman's company Alfa-Foto (80% stake) Russian Ministry of Finance TIN Number 7728112961. Later German Khan, Alexei Kuzmichov, Alexander Kushev, and several other partners joined.

As a holding company, in the financial year ending December 2010 Alfa Group had total assets of US$59,900 million, total equity of US$21,790 million and profit for the financial year of US$2,810 million. Return on shareholders' equity were recorded at 13.4%.[1]

In April 2012, Altimo sold its entire 25.1% stake in MegaFon to a private investor and to MegaFon for US $5.2 bln.[2]

  1. ^ a b c d e PricewaterhouseCoopers Moscow (18 October 2011). "Alfa Group Consortium Annual Report 2010" (PDF). Alfa Group Consortium. Retrieved 2011-11-13.
  2. ^ "History of Alfa Group Consortium". Archived from the original on 2017-03-21. Retrieved 2012-04-27.