Riyadh, 22 September 2025 – The SIDF Investment Company (SIC) announced today its investment in Jadwa GCC Diversified Private Equity Fund, a private equity fund managed by Jadwa Investment. The Fund targets to raise SAR 1.5 billion and aims to invest in a diversified portfolio of promising private equity opportunities in Saudi Arabia and the GCC across a wide range of sectors, including the industrial sector.
This investment is part of SIC’s efforts to stimulate industrial investments in the Kingdom and enable national companies to expand and enhance local content. SIC is partnering with leading local and international fund managers in promising industrial opportunities, with the aim to increase financing and investments in industrial projects in the Kingdom. SIC also plays a pivotal role in originating and offering attractive opportunities in the industrial sector to prospective investors, and supporting the growth of companies post-investment. This contributes to achieving the goals of Vision 2030 to build a diversified and sustainable economy driven by the non-oil sector and to increase private sector contribution to the national economy.
Commenting on the announcement, Fahad Alnaeem, CEO of SIC, said: "Our investment in Jadwa GCC Diversified Private Equity Fund is a continuation of SIC’s efforts to back and catalyze industrial investments by channeling sustainable institutional capital into the industrial sector, and enabling its growth through distinctive financial solutions that contribute to achieving the ambitions of Vision 2030."
Mr. Tariq Al-Sudairy, Managing Director & CEO of Jadwa Investment, said: "We are delighted to welcome SIC as an institutional investor in our regional private equity fund. Through this fund and with SIC’s partnership, we look to invest in innovative and promising businesses across sectors, with the aim to enable their growth and unlock their full potential.”
The fund is Jadwa’s first regional blind-pool private equity fund and represents a significant milestone in the development of institutional investment vehicles in the Kingdom. It reflects growing confidence in the local investment environment, and will further enhance the financial sector’s ability to provide innovative, market-aligned investment solutions.
SIC was established to accelerate the development of Saudi Arabia’s industrial sector by facilitating strategic private sector participation and providing innovative investment solutions. It focuses on priority sectors including industry, mining, energy, and logistics, with the aim to build an integrated and sustainable industrial ecosystem.
Jadwa Investment, headquartered in Riyadh with three regional offices, is a leading Shariah-compliant investment management and advisory firm in the MENA region. Today, the firm has over SAR 110 billion in client assets across public equity, private equity, real estate, private credit, fixed income, and money market investments. Jadwa serves government-related entities, local and international institutional investors, non-profit endowments, and private wealth clients.
