Alt Capital
Alt Capital is a Riyadh-based, CMA-licensed Saudi investment firm that provides private equity and venture capital for Vision 2030-aligned middle-market companies (SAR 100–500M valuations), serving institutional investors, family offices, and ultra-high-net-worth individuals through management fees, carried interest, and arranging fees.
- Company typePrivate
- Founded2022
- HeadquartersRiyadh, Saudi Arabia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Alt Capital does
Alt Capital is a Saudi Arabian closed joint stock company headquartered in Riyadh that operates as a licensed investment management firm focused on private equity and venture capital investments in the Saudi middle market. The firm invests in companies with valuations between SAR 100 million and SAR 500 million across sectors aligned with Saudi Vision 2030, including healthcare, education, technology, and consumer. Alt Capital differentiates by investing its own capital (approximately 10% per deal) alongside investors, operating under a proprietary '5P' investment philosophy, and offering a 'people-driven' partnership approach to portfolio companies.
The firm's revenue model combines three streams: recurring management fees on assets under management, performance-based carried interest on portfolio exits, and transaction-based arranging fees enabled by its Capital Market Authority arranging license (License No. 21231-02, approved 29 April 2026). Alt Capital is regulated by the Saudi Capital Market Authority (CMA) and is licensed for both investment management (since September 2021) and arranging activity. The firm serves institutional investors, family offices, and ultra-high-net-worth individuals as LPs, and Saudi middle-market companies as portfolio targets. Distribution is conducted entirely through direct, relationship-based outreach supplemented by online investor and talent registration portals.
Founded in 2022 with paid-up capital of SAR 10 million, Alt Capital has publicly disclosed one portfolio investment (Dkhoon Emirates, a perfumes/fragrance company). The firm is led by Sultan Al-Huwait (Chairman), Abdullah Al-Tibi / Abdullah Altobaishi (CEO and Asset Management Director), and Tariq Al-Hassan (Vice Chairman of Investments), supported by a Head of Arrangements and a Financial Analyst. There are no disclosed fund vintages, AUM figures, revenue figures, or headcount totals, and no disclosed AI/ML, API, or proprietary technology infrastructure.
Alt Capital firmographics
Firmographics- Name
- Alt Capital
- Legal name
- Alt Capital Company
- Website
- https://altcapital.sa
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Alt Capital is a Riyadh-based, CMA-licensed Saudi investment firm that provides private equity and venture capital for Vision 2030-aligned middle-market companies (SAR 100–500M valuations), serving institutional investors, family offices, and ultra-high-net-worth individuals through management fees, carried interest, and arranging fees.
- Ownership category
- akta.pro rank
Where Alt Capital is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices2 records
Markets served
Alt Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Management Fees: Fees charged for managing investment funds and assets under management (AUM), providing recurring revenue based on fund size
- Performance/ Carried Interest: Success fees based on investment returns and performance of portfolio companies
- Arranging Fees: Fees earned from arranging and structuring investment transactions; CMA-licensed arranging activity approved in April 2026
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Institutional and high-net-worth investors |
Distribution channels1 record
Marketing channels3 records
Alt Capital product offering
Product offeringCore offering
Alt Capital is a CMA-licensed investment firm that manages private equity and venture capital funds focused on Saudi Arabian middle-market companies (SAR 100–500 million valuation) aligned with Vision 2030 priorities such as healthcare, education, technology, and consumer sectors. The firm invests proprietary capital alongside investor capital in each transaction and, as of April 2026, holds CMA authorization to arrange investment transactions (License No. 21231-02). Revenue is derived from management fees, performance/carried interest, and arranging fees.
Product overview
Alt Capital is a licensed investment firm offering a unified private equity and venture capital investment platform focused on the Saudi Arabian market. The firm specializes in middle-market opportunities aligned with Vision 2030, providing investment management services and arrangement capabilities. Their investment model combines institutional discipline with entrepreneurial agility, taking a partnership-first approach to value creation. The company manages investments through CMA-licensed funds and offers arrangement services, targeting companies with valuations between SAR 100-500 million across sectors including healthcare, education, technology, and consumer.
Differentiator
Problem solved
Functional benefit
Products and services
- Private Equity Investment Services Investment management services for middle-market private equity opportunities, targeting companies with valuations between SAR 100–500 million aligned with Saudi Vision 2030.
- Venture Capital Investment Services
- Investment Arrangement Services
Companies that use Alt Capital
Customer profileSegments3 records
Ideal customer profiles2 records
Alt Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Alt Capital partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights5 records
Alt Capital competitors and assessment
Company assessmentDirect peers
- Wa'ed Ventures: Aramco's venture capital arm investing in Saudi startups and growth-stage companies. Directly comparable as a Saudi-domiciled VC investing in Vision 2030-aligned sectors with a focus on entrepreneurship and economic diversification.
- Vision Ventures: Saudi VC firm investing in early-to-growth-stage technology companies in MENA. Comparable as a Vision 2030-aligned Saudi VC with overlapping target sectors (tech, consumer) and similar fund structures.
- Raed Ventures: Saudi MENA early-to-growth-stage VC firm. Directly comparable as a regional VC investing in founders and tech-enabled businesses, with similar Vision 2030-aligned sector exposure and fund structures.
- Shorooq Investments: MENA-focused VC and alternative investment manager with Saudi exposure. Directly comparable as a regional private-markets investor targeting growth-stage opportunities with co-investment and fund-of-funds capabilities.
Broad incumbents
- SNB Capital: Saudi asset manager and investment bank with PE/VC capabilities. Comparable as a CMA-regulated Saudi investment manager deploying capital into private markets, though operating at significantly larger scale as part of a national bank group.
- Saudi Venture Capital Company (SVC): Government-backed VC/PE investor of SMEs and startups in Saudi Arabia. Highly comparable as a Saudi-domestic VC/PE firm operating under CMA/SAMA oversight and targeting Vision 2030-aligned sectors, but with a broader scale and policy mandate.
- Riyad Capital Private Equity: Investment banking and asset management arm of Riyad Bank with PE and VC mandates. Comparable as a CMA-licensed Saudi investment manager offering PE/VC products, but as part of a much broader financial services platform.
- Sanabil Investments: PIF-owned direct and fund-of-funds investor focused on Saudi private markets. Comparable as a Saudi PE/VC capital allocator targeting Vision 2030 sectors, but operating at materially larger cheque sizes than Alt Capital.
Regional players
- Algebra Ventures: MENA-focused VC firm investing in early-to-growth-stage startups. Comparable in fund structure, GP economics, and growth-stage focus, but primarily Egypt-focused rather than competing head-to-head in Saudi Arabia.
Emerging players
- 500 Global MENA: Global VC firm with an active MENA/Saudi programme investing in early-stage tech startups. Comparable as a regional VC allocator targeting similar sectors, but skewed toward earlier-stage ticket sizes than Alt's middle-market focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Alt Capital compliance and trust
Trust signalCompliance1 record
Alt Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alt Capital leadership team
Management profileNumber of profiles
Profiles5 records
Alt Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alt Capital M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alt Capital
What does Alt Capital do?
Alt Capital is a CMA-licensed investment firm that manages private equity and venture capital funds focused on Saudi Arabian middle-market companies (SAR 100–500 million valuation) aligned with Vision 2030 priorities such as healthcare, education, technology, and consumer sectors. The firm invests proprietary capital alongside investor capital in each transaction and, as of April 2026, holds CMA authorization to arrange investment transactions (License No. 21231-02). Revenue is derived from management fees, performance/carried interest, and arranging fees.
Is Alt Capital a public or private company?
Alt Capital is a private company. It is classified as management employee owned and is currently operating.
When was Alt Capital founded?
Alt Capital was founded in 2022. It employs 11 to 50 people.
Where is Alt Capital based?
Alt Capital is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
How does Alt Capital make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are performance/ Carried Interest and arranging Fees.
Who are Alt Capital's main competitors?
Direct peers on record are Wa'ed Ventures, Vision Ventures, Raed Ventures and Shorooq Investments. Broad incumbents are SNB Capital, Saudi Venture Capital Company (SVC), Riyad Capital Private Equity and Sanabil Investments. Algebra Ventures is listed as a regional player. 500 Global MENA is listed as an emerging player.
Does Alt Capital have an API?
No public API is recorded for Alt Capital.