ALKHABEER Capital, the asset manager specializing in alternative investments, has been named Best Private Equity Company in Saudi Arabia by the leading industry magazine, Banker Middle East, a member of the CPI Financial publishing group, for the second consecutive year.

Commenting on the award, Ahmed Ghouth, chief executive officer of Alkhabeer Capital, said: “We are glad to have won this award, which highlights the company's well positioning to adapt to market challenges and leverage new investment opportunities as Saudi Arabia undergoes a remarkable transformation of its economy and society. I want to express my appreciation for our Private Equity team, whose dedication, foresight and hard work have enabled our success. We look forward to a prosperous and diversified economy for Saudi Arabia and beyond.”

In addition to this latest honor, Alkhabeer Capital has received recognition for its Shariah-compliant offering, earning the Best Islamic Investment Fund 2017 award by Islamic Business & Finance magazine. The company has also has been named one of the best workplaces in Saudi Arabia for 2017 by the Great Place to Work Institute, ranking first amongst investment companies and eighth overall.

Alkhabeer Capital, headquartered in the Kingdom of Saudi Arabia, specializes in alternative investments and investment services. It is authorized by the Capital Market Authority. — SG