What Swicorp does

Swicorp is a privately-held investment and financial advisory firm founded in 1987 by Kamel Lazaar, originally established in Geneva, Switzerland and now headquartered in Riyadh, Saudi Arabia since 2007. The firm operates across the Middle East, Africa, Europe, and Southeast Asia, with offices in Riyadh, Geneva, and Tunis, and serves corporate and institutional clients seeking M&A advisory, capital markets execution, corporate restructuring, debt advisory, and principal investment exposure in MENA and African markets.

Swicorp generates revenue through three primary streams. First, principal investments held directly across diverse sectors including education, infrastructure, biotech, construction material, real estate, listed securities, and private equity funds. Second, financial advisory services encompassing M&A, capital market transactions, and corporate finance advisory on a quote-based, relationship-driven basis. Third, asset management via SPE Capital, a spin-off from the firm's private equity division that manages legacy PE funds plus the USD 258m AIF growth equity fund targeting SMEs in North Africa, with over USD 500m deployed across Europe, Africa, and the Middle East. A second spin-off, Swicorp Infracapital (SIC), invests in sustainable infrastructure (renewable energy, waste management, water treatment, data centers) in emerging markets, partnering with DFIs, international utility companies, and engineering firms.

The firm is led by Managing Director and Group CEO Daniel Schenker, with founder Kamel Lazaar serving as Non-Executive Chairman. The board includes senior investment professionals from Al Fozan Holding, SEDCO Holding, Palmbridge FZE, and BHM Capital, providing embedded institutional relationships across the Gulf. Pricing is not publicly disclosed; services are tailored to individual client requirements, and revenue figures are not disclosed in public materials.

Name

Swicorp

Legal name

Swicorp

Website

https://swicorp.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Investment Advisory & Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239), Other Financial Vehicles (525990)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

Keywords

• Investment advisory
• Private equity
• M&A advisory
• Asset management
• Infrastructure investment

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Principal Investments: Swicorp generates returns through direct principal investments across diverse sectors including education, infrastructure, biotech, construction material, real estate, listed securities, and private equity funds. Investments are held directly or via SPE Capital and Swicorp Infra Capital vehicles.
2. Financial Advisory Services: The firm provides financial advisory services including M&A, capital market transactions, and corporate finance advisory to clients in Saudi Arabia and broader Middle East region.
3. Asset Management (SPE Capital): SPE Capital is an independent asset management firm focused on growth equity investments, managing Swicorp's legacy private equity funds as well as AIF (a USD 258m private equity fund). Generates management fees and carried interest from fund operations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Swicorp is a private investment and financial advisory firm that makes principal investments across diverse sectors (education, infrastructure, biotech, construction material, real estate, listed securities, and private equity funds) and provides financial advisory services including M&A, capital market transactions, and corporate finance advisory to corporate and institutional clients in the Middle East and Africa. Its portfolio is managed via two spin-off entities: SPE Capital (growth equity/asset management with over USD 500m deployed) and Swicorp Infra Capital (sustainable infrastructure investments).

Product overview

Swicorp operates as a diversified investment firm offering principal investments across multiple sectors (education, infrastructure, biotech, construction material, real estate, listed securities, and private equity funds). The firm manages its portfolio through two primary spin-off entities: SPE Capital, an independent asset management firm focused on growth equity with over USD 500m deployed across Europe, Africa, and the Middle East; and Swicorp Infra Capital (SIC), which focuses on sustainable infrastructure investments in renewable energy, waste management, water treatment, and data centers across emerging markets.

Differentiator

Problem solved

Functional benefit

Brands

• SPE Capital: A spin-off from Swicorp Company's private equity division, SPE Capital is an independent asset management firm focused on investing responsibly and consistently delivering superior returns. Active in Europe, Africa and Middle East with more than USD 500m deployed.
• Swicorp Infracapital (SIC)

Products and services

• SPE Capital

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• SPE CapitalcoreStrategic or Co-development PartnerSPE Capital is a spin-off from Swicorp's private equity division. It is an independent asset management firm focused on investing responsibly and consistently delivering superior returns. SPE Capital manages Swicorp's legacy private equity funds as well as AIF, a USD 258m private equity fund targeting growth capital investments in SMEs in North Africa. SPE Capital is active in Europe, Africa and Middle East with more than USD 500m deployed.
• Swicorp Infra Capital (SIC)coreStrategic or Co-development PartnerSwicorp Infra Capital is a spin-off from Swicorp Company's renewable energy division, originally at the origin of the Enara project in Egypt. SIC invests in sustainable infrastructure including Renewable Energy, Waste Management, Water Treatment and Data Centers in emerging markets of Africa, Middle East, East Europe and Southeast Asia.
• Development Finance Institutions (DFIs)minorStrategic or Co-development PartnerSIC partners with Development Finance Institutions (DFIs), international utility companies, and world-class engineering firms to deliver sustainable infrastructure in emerging markets.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Lazard: Global independent financial advisory and asset management firm with deep MENA presence. Closely comparable to Swicorp as both compete for cross-border M&A and capital-structure advisory mandates between GCC clients and international investors.
• Rothschild & Co: Independent global advisory firm with strong family-controlled heritage similar to Swicorp's founder-owned structure. Competes directly for mid-to-large M&A and restructuring mandates across Europe, MENA and emerging markets.
• Moelis & Company: Independent global advisory firm founded on senior banker relationships. Directly comparable in business model—M&A, capital markets and restructuring advisory—with Swicorp serving a similar corporate and institutional client base.
• EFG Hermes: Leading MENA-focused investment bank with advisory, securities and asset management businesses. Direct peer given shared focus on Egypt, Saudi Arabia and broader MENA M&A and capital markets activity.

Broad incumbents

• Houlihan Lokey: Larger global independent advisory with strong M&A, capital markets and restructuring practices. Overlaps with Swicorp's M&A and corporate restructuring mandates at the upper end of the mid-market.
• Mubadala Capital: UAE-based sovereign-investor asset manager with global PE, venture and public-equity strategies. Overlaps with Swicorp's principal-investment and asset-management activities and competes for similar regional institutional capital.

Regional players

• SNB Capital (formerly Samba Capital): Saudi-based investment bank and asset manager connected to Swicorp's heritage through the founder's role in founding Samba Bank. Comparable as a Saudi-headquartered advisory and asset management platform serving similar regional clients.
• NCB Capital: Major Saudi investment bank offering advisory, brokerage and asset management. Comparable to Swicorp's Riyadh-based advisory and capital markets franchise serving Saudi corporate and institutional clients.

Emerging players

• Perella Weinberg Partners: Independent global advisory firm with M&A and capital restructuring focus. Comparable to Swicorp in providing senior-banker-driven advisory services to corporates and financial sponsors, though with a broader global footprint.
• Ardian: Large European private investment house with direct lending, PE and infrastructure strategies comparable to SPE Capital's PE mandate and Swicorp Infra Capital's infrastructure focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/swicorpgroup
• LinkedInlinkedin.com/company/swicorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Swicorp