SEDCO Capital

What SEDCO Capital does

SEDCO Capital is a privately-held Shariah-compliant asset management and investment advisory firm headquartered in Jeddah, Saudi Arabia, operating under the regulatory oversight of the Saudi Capital Market Authority (CMA, license 11157-37 since April 2009) and, via its wholly-owned subsidiary SEDCO Luxembourg SA (SCLux), the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. The firm is 96% owned by Saudi Economic and Development Holding Company (SEDCO Holding), the family investment vehicle for the Bin Mahfouz family, whose asset management heritage dates to 1976.

The firm operates a multi-asset investment platform spanning income assets (sukuk and money market funds), public equity (regional and global passive and active mandates), private equity (funds-of-funds, co-investment vehicles, and sector-focused funds), real assets (REIT, development, build-to-suit, and hospitality projects), and multi-asset solutions, alongside Discretionary Portfolio Management (DPM) and corporate finance / advisory services. Its core methodological differentiator is the Prudent Ethical Investment (PEI) framework that combines Shariah compliance with negative screening and ESG/SRI integration, overseen by an independent Shariah Supervisory Board. As of 31 March 2026 the firm managed SAR 51.8 billion (~USD 13.8 billion) in assets under management, of which USD 1.6 billion sat in the Luxembourg-domiciled SEDCO Capital Global Funds (SCGF) platform, which the firm characterizes as the world's largest diversified range of Shariah-compliant specialized investment funds.

SEDCO Capital earns revenue primarily through recurring asset management fees on public and private funds, plus performance fees on private/real estate vehicles (illustrated by the 41% net return delivered on the Built-To-Suit Real Estate Fund I exit), corporate finance advisory fees on M&A and financing mandates, custody and administration service fees, and tailored advisory fees on discretionary portfolio management mandates. Distribution is sales-led and direct, targeting institutions, family offices, sovereign wealth funds, pension funds, endowments, and ultra-high-net-worth individuals via five offices (Jeddah HQ, Riyadh, Luxembourg, Dubai, London) and Tadawul-listed public fund wrappers for regional retail-qualified investors.

Name

SEDCO Capital

Legal name

The Saudi Economic and Development Securities Company (SEDCO Capital)

Website

https://sedcocapital.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

SEDCO Capital is a privately-held, Shariah-compliant and ESG-led asset management firm headquartered in Jeddah, Saudi Arabia, managing SAR 51.8 billion (~USD 13.8 billion) across income, public equity, private equity, real estate, and multi-asset strategies for institutions, family offices, sovereign wealth funds, pension funds, endowments, and UHNWIs globally.

Ownership category

akta.pro rank

Product category

Islamic Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Open-End Investment Funds (525910)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

ESG/Sustainable Investment Advisory (FSAEAAAJ)

akta.pro secondary industries

Corporate Finance & Capital Advisory (BPAHADAB), Islamic Investment Banking & Capital Markets Services (FSABAGAG), Impact / ESG Multi-Manager Platforms (FSANAGAJ)

Keywords

• Islamic asset management
• Shariah-compliant investing
• Private equity funds
• Real estate investment funds
• Discretionary portfolio management

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Asset Management Fees: Management fees from managing public and private investment funds across income assets, public equity, private equity, and real estate asset classes.
2. Corporate Finance: Sell-side and buy-side advisory services providing clients with in-depth market intelligence research and decision-making information for mergers, acquisitions, and financing arrangements.
3. Administration and Custody Services: Flawless execution, safekeeping and maintenance of assets, minimizing transactional, legal, and taxation risks.
4. Advisory Services: Tailored advisory services to help clients make informed investment decisions. Clients often upgrade their accounts to Discretionary Portfolio Management (DPM) based on service quality.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

SEDCO Capital is a Shariah-compliant, ESG-led asset management and investment advisory firm managing SAR 51.8 billion in assets through diversified investment solutions across income assets, public equity, private equity, and real estate asset classes. The firm serves institutions, family offices, endowments, sovereign wealth funds, pension funds, and ultra high net worth individuals via its Luxembourg-based Global Funds platform and Tadawul-listed public funds. It also provides corporate finance advisory, administration and custody services, and discretionary portfolio management through a Prudent Ethical Investment approach combining Shariah compliance with ESG criteria.

Product overview

SEDCO Capital is a Shariah-compliant, ESG-led asset management and investment advisory firm offering a comprehensive suite of investment solutions across multiple asset classes. The firm operates as a multi-asset management platform with distinct product categories: Income Assets (sukuk and money market funds including SEDCO Capital Global Sukuk Fund, Money Market Fund, and Sukuk SME Fund); Public Equity (regional and international equity funds such as the Saudi Freestyle Artificial Intelligence Fund, IPO Fund, and various regional/international equity funds); Private Equity (funds and co-investments including the Private Equity Global Co-Investment Master Fund II, Fund of Private Equity Funds series, and sector-specific funds like the Educational Fund); Real Assets (real estate funds including the REIT Fund, Grand Square Fund, Jeddah Bay Fund, and various development funds); Multi-Asset (Multi Asset Traded Fund listed on Tadawul); and Discretionary Portfolio Management services. The firm is regulated by the Capital Market Authority of Saudi Arabia and operates the SEDCO Capital Global Funds platform in Luxembourg, recognized as the world's largest diversified range of Shariah-compliant specialized investment funds.

Differentiator

Problem solved

Functional benefit

Products and services

• SEDCO Capital Sukuk SME Fund Shariah-compliant sukuk fund focused on SMEs, providing fixed income opportunities to investors.
• SEDCO Capital Money Market Fund Local money market fund offering clients stable returns with high liquidity and diversification.
• SEDCO Capital Global Sukuk Fund Global Luxembourg UCITS sukuk fund investing in highly rated sukuk worldwide, targeting outperformance of benchmark while maintaining a diversified portfolio.
• SEDCO Capital Saudi Freestyle Artificial Intelligence Fund Equity fund investing in artificial intelligence-related companies listed on Saudi and international exchanges.
• SEDCO Capital IPO Fund Fund targeting initial public offerings and recently listed companies in Saudi Arabia.
• SEDCO Capital Global Monthly Distributions Fund Fund designed to provide monthly income distributions to investors.
• SEDCO Capital US Equities Passive Fund Passive fund tracking US equity markets for Shariah-compliant exposure.
• SEDCO Capital Europe Equities Fund Fund investing in European equities within a Shariah-compliant framework.
• SEDCO Capital China Equity Fund Fund investing in Chinese equities under Shariah-compliant constraints.
• SEDCO Capital Global Technology Equity Passive Fund Passive fund investing in global technology sector equities within Shariah-compliant limits.
• SEDCO Capital Balanced Fund Balanced fund combining equity and income investments within a Shariah-compliant mandate.
• SEDCO Capital LO Global Equities Fund Global equities fund managed in partnership with Lombard Odier.
• SEDCO Capital Private Equity Global Co-Investment Master Fund II Private equity co-investment fund targeting $175 million with first closing completed in December 2022.
• SEDCO Capital Fund of Private Equity Funds I Fund of funds investing in private equity funds globally.
• SEDCO Capital Fund of Private Equity Funds II Second vintage of fund of private equity funds.
• SEDCO Capital Fund of Private Equity Funds III Third vintage of fund of private equity funds.
• SEDCO Capital Private Equity Global Fund IV Fourth vintage of global private equity fund.
• SEDCO Capital Private Equity Europe Fund I Private equity fund focused on European markets.
• SEDCO Capital Partners Group Opportunities Fund Private equity fund in partnership with Partners Group.
• SEDCO Capital Private Equity Educational Fund Private equity fund focused on the education sector.
• SEDCO Capital REIT Fund Real estate investment trust fund listed on Tadawul, providing regular dividends to unitholders.
• SEDCO Capital Grand Square Fund Real estate fund associated with the Grand Square development in Jeddah.
• SEDCO Capital Jeddah Bay Fund Real estate fund targeting Jeddah waterfront developments.
• Impact 1st Fund Impact investing real estate fund (first vintage).
• Multi Asset Traded Fund Multi-asset fund listed on Tadawul, providing diversified exposure across asset classes for public investors.
• SEDCO Capital Multi Asset Family Fund - A Multi-asset family fund offering diversified investment approach.
• Discretionary Portfolio Management Tailor-made investment management service where buy and sell decisions are made by SEDCO Capital on behalf of clients, covering Murabaha, sukuk, income assets, public equity, private equity, and real assets.
• Corporate Finance Advisory Sell-side and buy-side advisory services providing clients with in-depth market intelligence research and decision-making information for mergers, acquisitions, and financing arrangements.
• Administration and Custody Services Asset safekeeping and maintenance service minimizing transactional, legal, and taxation risks for clients.
• Investment Advisory Services Tailored advisory services to help clients make informed investment decisions, often leading to upgrade to Discretionary Portfolio Management.

Quantifiable outcome

• SAR 51.8 billion total assets under management as of March 2026
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core.

• IHG Hotels & ResortscoreStrategic or Co-development Partner · 8 December 2025SEDCO Capital partnered with IHG Hotels & Resorts to open Hotel Indigo Grand Square Jeddah, a 150-key lifestyle hotel as part of the Grand Square development. The partnership aims to strengthen IHG's lifestyle hotel offerings in the Saudi market through a mixed-use community offering hospitality, retail, and office spaces.
• Grand Square Development PartnerscoreStrategic or Co-development Partner · 8 December 2025Strategic partnership with local companies for the Grand Square development in Jeddah, creating a mixed-use community with hospitality, retail, and office spaces.
• King Salman Park FoundationcoreStrategic or Co-development Partner · 24 November 2025SEDCO Capital, together with King Salman Park Foundation and Ajdan Real Estate, announced the launch of a $1 billion mixed-use fund in Riyadh. Kirkland & Ellis advised King Salman Park Foundation on this transaction.
• Ajdan Real EstatecoreStrategic or Co-development Partner · 24 November 2025SEDCO Capital, together with King Salman Park Foundation and Ajdan Real Estate, announced the launch of a $1 billion mixed-use fund in Riyadh.
• Diyar Real Estate Development Fund Co.coreStrategic or Co-development Partner · 20 October 2025SEDCO Capital, represented by Diyar Real Estate Development Fund Co., signed a SAR 135 million infrastructure development agreement with Sumou Real Estate Co. for a project in Jeddah's Obhur Al Shamaliyah district. The 24-month contract is expected to positively impact financial results.
• Sumou InvestmentcoreStrategic or Co-development Partner · 5 February 2025SEDCO Capital and Sumou Investment signed an agreement worth over SAR 8 billion to establish Real Estate Investment Funds, representing a significant strategic partnership in Saudi real estate sector.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Alinma Investment: Shariah-compliant Saudi asset manager offering mutual funds, brokerage, and advisory from a bank-affiliated platform. Comparable on Shariah discipline and Saudi retail/institutional fund distribution.
• Al Rajhi Capital: One of Saudi Arabia's largest Shariah-compliant asset managers and investment banks, offering equities, brokerage, asset management, and research. Directly comparable to SEDCO Capital on multi-asset Shariah product suite and Saudi institutional client base.
• SNB Capital (formerly NCB Capital): Major Saudi asset manager and brokerage arm of Saudi National Bank, offering Shariah-compliant funds, equities, and advisory across asset classes. Closest direct competitor by product breadth and institutional footprint in Saudi Arabia.
• Riyad Capital: Investment bank and asset manager of Riyad Bank offering brokerage, asset management, and investment banking with strong Shariah-compliant offerings. Directly comparable as a Saudi multi-asset platform competing for the same institutional clients.
• Jadwa Investment: Leading Saudi investment bank and asset manager with public equities, private equity, real estate, and alternatives desks. Directly comparable to SEDCO Capital's multi-asset franchise in Saudi institutional and family office segments.
• SAB Invest (Saudi Awwal Bank Investment): Investment arm of Saudi Awwal Bank providing Shariah-compliant asset management and brokerage. Direct Saudi competitor in fund products and discretionary mandates.
• Lombard Odier (Islamic Asset Management): Swiss private bank with a dedicated Shariah-compliant asset management offering and active partnership with SEDCO on the LO Global Equities Fund. Comparable as a global Shariah/ESG multi-asset manager distributing to sophisticated investors worldwide.

Regional players

• Mubadala Investment Company (Mubadala Capital): UAE sovereign-backed investor with global PE, public equities, and alternatives platforms. Comparable on multi-asset institutional investing from the GCC, though not Shariah-exclusive and primarily UAE-based.

Broad incumbents

• Franklin Templeton (Islamic Funds): Global asset manager with a dedicated Islamic fund range spanning equities, sukuk, and multi-asset. Comparable Shariah product line for global institutional distribution, though operating as a broader global incumbent rather than a Shariah-exclusive firm.
• HSBC Global Asset Management (Islamic) / HSBC Amanah: Global asset manager with a substantial Islamic asset management franchise in MENA and globally. Comparable on Shariah fund products and institutional distribution, though operating as part of a much larger diversified global AM platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sedcocapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about SEDCO Capital