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 high 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 include the full range of traditional asset classes, including public equities, fixed income, hedge funds, private equity, and real assets. 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 across more than a dozen asset and sub-asset classes. 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.