About Us

Company Profile

Starling, owned and managed by the jawa family, is an active investor in the field of private equity for more than three decades.

The group invests primarily through interests in limited partnership positions, in Leveraged Buyout(MBO & LBO), growth and expansion capital private equity funds, seed and early stage venture capital funds,  and late stage venture capital funds/  The group also makes direct investment in select transactions, either independently or through co-investment positions with existing private equity and venture capital funds.  

Through its investment partnerships, Starling holds equity positions in a number of prominent companies across a broad range of industries, technologies and geographic regions while investing in all phases of development.

Funds are selected on a clearly defined set of criterias. The company’s disciplined and discerning investment professionals perform exceptional due diligence, studying the industry to identify specific opportunities and trends.

Starling’s investments currently span across the globe and include regions like North America, Europe, Asia and MENA. In the Middle East, the group’s direct investment portfolio includes Emaar, Al Salaam Bank and RAK Petroleum–in all of which the group was a founding investor.

CEO Message

In the mid-1980s, when my family founded Starling Holding, investing in the private equity and venture capital asset class was practically non-existent and Starling remained, for many years, one of the only companies of its kind in the region.

Perhaps there was a risk for us in entering this new ground, but then taking calculated risks is an essential aspect of private equity investing.

The challenge was to be able to spot the right opportunities in this space, but we believed that we had identified an asset class that could provide significant risk adjusted returns to our portfolio.

Over the last two decades or so, Starling has gained a reputation for being a highly experienced, knowledgeable, thorough and insightful institutional investor in this asset class. The group has built up a diversified portfolio spanning the world, from America to Asia, Europe to Australia.

As large and successful as Starling gets, we are a family enterprise, and as such we are very much in tune with the human side of the business–we understand that while we may sign contracts with institutions, we work with individuals. This approach has helped us build a number of solid and trusting relationships with people across the world, relationships that have spanned decades.

Today, the private equity asset class has a much firmer foothold in the Middle East than when Starling was founded. It is gratifying for me to know that, having helped pave the way for this business back in the early 1980s, our company continues to set industry standards today.

Ahmed Jamal Jawa
CEO
Starling Holding

Mission & Values

To withstand the passage of time and sustain future generations

  • To generate compounded annual returns greater than 25%, with acceptable levels of risk
  • To make private equity investments in an exceptional global top quartile portfolio that can provide substantial growth
  • To achieve a level of diversification that can sustain growth targets and manage risks
  • To identify and extend our investment portfolio into new high growth markets as returns get diluted in the more developed markets Starling strives to achieve its goals but also ensures that its investment portfolios are compatible with the Jawa Group traditions and religious convictions.

Board Of Directors

H.E. Sheikh Jamal Hassan Jawa

Chairman of the Board of Starling Holding Group

Few individuals in the Kingdom of Saudi Arabia have attained the level of business success and government leadership achieved by H.E. Sheikh Jamal Hassan Jawa.

As Chairman of the Jawa Group of Companies and the Board’s Executive Committee, Sheikh Jamal Jawa is the leading principal of the Jawa Group. The group owes its ongoing strategic vision and investment philosophy to his guidance.

Sheikh Jamal Jawa was the Deputy Governor (a ministerial position) of Petromin currently known as Saudi Aramco, the state oil company that owns and operates all of Saudi Arabia’s oil refineries and pipelines, from 1959 to 1985. He also held the position of acting governor from 1985 to 1988 before he retired. He oversaw the formulation, execution and implementation of policy guidelines within the company.

Sheikh Jamal Jawa has long been a key figure in the Saudi Arabian government, serving in numerous leadership positions. He retired from government service in 1988.

Other government positions formerly held by Sheikh Jamal include:

  • Chairman of the Board, Riyadh Oil Refinery
  • Marketing Vice Chairman, Petromin Services Company (Petroserve)
  • Founding Chairman of the Board, Arabian Petroleum Investment Corporation (APICORP)
  • Chairman of the Board, Jubail Lube Oil Refinery

Ahmed Jamal Jawa

Vice Chairman
Board Member
Member of the Executive Committee of the Board of Directors
President & CEO

Ahmed Jawa has served as President, CEO and Board member of Starling Holding Ltd. since the company’s inception in 1986. In this capacity, Mr. Jawa is directly responsible for the investment and operational performance of the Starling Group of companies.

In addition, Mr. Jawa is the founder of the CTC Group, a family entity created for the purpose of investing and operating businesses in Saudi Arabia and the Gulf States.

He is a Director on the Board of Emaar Properties PJSC, one of the largest real estate companies in the world by market capitalization, and also sits on the company’s Executive Committee. He is also a Director on the Board of Emaar, The Economic City, Saudi Arabia and sits on the Executive committee and the Compensation committee of the company.

Mr. Jawa serves as Director on the Board of Emaar MGF, India and Emaar Turkey.

He was a founding partner and Chairman of Disney-Jawa (Middle East) Enterprises Ltd., a joint venture with the Walt Disney Company, the first international entertainment company in the Middle East.

Mr Jawa, who holds extensive investments in real estate and real estate development in Dubai, UAE, has served on the boards of the following companies

  • The Novapark Swiss Hotel Group>
  • Mirapolice, an entertainment company that builds theme parks in France
  • Tricon Group, a US-based securities trading firm
  • Chairman of Stallions Home Video LLC., a video distribution company for the Middle East

Mr. Jawa holds a B.Sc. in Business Administration and an MBA (Magna Cum Laude) from the University of San Francisco. In 1996, Mr. Jawa was elected a Global Leader for Tomorrow by the World Economic Forum in Davos, Switzerland.