Alkhabeer Capital, the asset manager specializing in alternative investments, has been named ‘Best Asset Manager in Saudi Arabia 2018’ by the leading industry magazine Islamic Business & Finance, a member of the CPI Financial publishing group. The award comes after the company achieved an 8 per cent increase in its assets under management (AUM), which grew to 4.8 billion for FY 2017.
Commenting on the award, Mr. Ahmed Ghouth, Chief Executive Officer of Alkhabeer Capital, said, “This award comes in recognition of our persistent efforts to exceed expectations and deliver the best possible results to our investors and shareholders. It also highlights the company’s position as one of Saudi Arabia’s leading asset management firms, and the ability of our teams to identify lucrative investment opportunities. We look forward to further strengthening our position within the Kingdom’s investment services sector through the hard work of our teams.”
Earlier this year, Alkhabeer Capital was named ‘Best Private Equity Company in Saudi Arabia’ by the leading industry magazine, Banker Middle East, in recognition of its important role in the Kingdom’s private equity landscape. It has also been named as one of the best workplaces in Saudi Arabia by the Great Place to Work® Institute, ranking first among investment companies.
Alkhabeer Capital, headquartered in the Kingdom of Saudi Arabia, specializes in alternative investments and investment services. It is authorized by the Capital Market Authority (license number 07074-37).