11 January 2016
RIYADH: Jadwa Investment, a Riyadh-headquartered investment management and advisory firm with assets under management of SR20 billion in public equity, private equity, real estate and fixed income, has been recognized as "Private Equity Firm of the Year in Saudi Arabia" by Finance Monthly Magazine.

This achievement is yet another acknowledgement of Jadwa Investment's market leading position in the Saudi Arabian private equity industry.

Earlier this year the firm received the "Best Innovation Award in Islamic Finance" presented by Euromoney Magazine.

The Finance Monthly Magazine (M&A) and Euromoney Magazine Awards feature rounds of voting and a rigorous judging process.

Judging criteria include a detailed assessment of private equity transactions, post-acquisition management of portfolio companies, innovation in client care and recognition by industry peers.

Tariq Al-Sudairy, managing director and CEO of Jadwa Investment, commented on these twin achievements, saying: "We are very proud of the performance of our private equity team. I would like to take this opportunity to thank our partners and clients as these awards are the result of their confidence in our ability to deliver."

Commenting on the significance of these achievements, Saad Al-Saif, managing director and head of private equity and investment banking at Jadwa Investment, said: "These awards underline the firm's remarkable achievements in private equity."

The awards consolidate Jadwa Investment's status as the private equity partner of choice for Saudi based companies, he said.

Jadwa's ability to complete nine high-profile private equity investments and successfully list two of our portfolio companies on the Saudi stock exchange Abdulmohsen Al-Hokair Group for Tourism and Development Company and Al-Hammadi Company for Development and Investment are true testimony of Jadwa's track record in private equity."

In total, Jadwa Investment has executed over SR5 billion of private equity transactions since its inception across multiple sectors, including: manufacturing, industrial, waste management, health care, hospitality and entertainment, food and beverage, building materials, consumer electronics and oil and lubricants.

Jadwa Investment is a Riyadh-headquartered investment management and advisory firm with assets under management of SR20 billion in public equity, private equity, real estate and fixed income.

The firm's clients include government-related entities, local and international institutional investors, leading local family companies and offices and high-net-worth individuals.

Jadwa Investment is one of the Kingdom's three largest public equity asset managers and the region's top mutual fund performer.

© Arab News 2016