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Subscribers to Saudi private investment funds rise by half

By Chris Hamill-Stewart
The asset value of Saudi private investment funds has risen 7 percent and the number of investors has increased by more than half Unsplash+/Getty
The asset value of Saudi private investment funds has risen 7% and the number of investors has increased by more than half
  • Up SAR34bn from Q2 2024
  • Real estate and equities dominate 
  • 1,154 private investment funds

The number of subscribers to private investment funds in Saudi Arabia has increased by more than half in the last year, official figures showed.

Around 131,000 subscribers were recorded in the third quarter of 2024, according to the Argaam platform, citing data from the Saudi Central Bank (Sama). This is an increase of 55 percent year on year.

In the same period, total assets of Saudi private investment funds rose by 7 percent year on year to SAR500 billion ($133 billion), the Capital Market Authority reported.

Real estate and equity funds dominated the assets owned by private funds in Saudi Arabia, making up 41.6 percent and 41.5 percent respectively of the SAR500 billion total.

The total value jumped from SAR467 billion at the end of Q2 2024.

Since Q1 2022, the value of assets held by these funds has increased from SAR335 billion.

Multi-asset funds followed with 6.7 percent of the total, with private equity and debt instruments making up 4.9 percent and 2.9 percent respectively.

The number of private investment funds rose to 1,154, compared with 1,085 in Q2 2024. Almost half – 498 – are dedicated real estate funds.

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