The Saudi Arabian Council of Ministers approved the establishment of the Saudi Arabian Investment Company (Sanabil Investments), a closed joint stock company with a paid up capital of 20 billion Saudi Riyals. Sanabil is wholly-owned by the Public Investment Fund of the Government of Saudi Arabia, an important part of the country’s Vision 2030 program, yet it operates as an independent investment institution with a commercially-driven approach focusing on achieving attractive risk-adjusted returns.
Upon incorporation, Sanabil’s board of directors and executive management team undertook an extensive and detailed process to formulate a long-term investment strategy.
That strategy has evolved to focus on growth-oriented private investments, particularly including venture capital, private equity, and private real estate. This evolution has been complemented by attracting an experienced team of the highest caliber that is dedicated to selecting, managing, and monitoring the investment portfolio.
Today, Sanabil, with investments in both local and international markets, manages a diversified, global portfolio of fund investments, co-investments, and direct investments. The Company is also committed to nurturing local talent through various developmental and training programs by partnering with leading investment institutions and educational providers worldwide.