09 February 2016
Jeddah, Saudi Arabia - Alkhabeer Capital, a leading asset management and investment firm in Saudi Arabia, announced today the launch of Alkhabeer IPO Fund.

The Alkhabeer IPO Fund is a Sharia Compliant, Open-Ended Investment Fund targeting IPOs and newly listed companies in Saudi Arabia during their first three years on the market. The fund may also invests part of its assets in the same at  other GCC capital markets.

Commenting on the new investment fund, Ahmed Saud Ghouth, Deputy Chief Executive Officer  of Alkhabeer Capital said, "The Alkhabeer IPO fund is an extension of our commitment to providing our clients a wide range of innovative investment products to meet their portfolio diversification objectives. The Fund is a strategic addition to our existing line-up of products."

Mr. Ghouth added, "Year-on-year we have reported tremendous increases in assets under management and have carefully assessed the IPO performance of securities in the GCC, which have seen improvements in the money raised over 2015. Our experienced team of investment managers covering the Saudi and GCC markets are well prepared to fully optimize and adapt with the region's IPO pipeline".

Alkhabeer Capital is a leading asset management and investment firm, authorized by the Capital Market Authority (license number 07074-37).


About Alkhabeer Capital
Alkhabeer Capital is a leading asset management and investment banking firm providing world-class investment products and services that endeavors to help institutions, family groups and qualified investors access to and/or allocate capital in ways that deliver real and enduring economic value.

It is licensed by Saudi Arabia's Capital Market Authority (CMA) under license number 37-07074.

The asset management area provides investment opportunities through a large and growing portfolio of public and private funds in the areas of real estate, private equity and capital markets, while the investment banking area offers specialized Sharia compliant capital raising and M&A advisory services to businesses, private investors and families.

Alkhabeer Capital also provides advisory services on structuring Waqf entities and Waqf wealth management through its "Waqf" Program, which targets educational institutes, charitable foundations, family groups, high net worth individuals and other philanthropists who wish to establish Waqf entities.

Alkhabeer Capital has offices in Jeddah and Riyadh.

For more details on Alkhabeer Capital, please visit www.alkhabeer.com

Alkhabeer Capital on Social Media:
https://twitter.com/AlkhabeerCap                    https://www.facebook.com/AlkhabeerCap

Tariq Hayat
Chief Corporate Communications & Administration Officer
Alkhabeer Capital
Direct +966 12 612 9394
Email t.hayat@alkhabeer.com

Wajih Halawa
Brunswick Gulf Ltd
Direct +971 (4) 446 6282
Email whalawa@brunswickgroup.com

© Press Release 2016