Overview
MEFIC Capital is a premier financial services firm based in Riyadh, Saudi Arabia. Established in 2007, MEFIC Capital specializes in asset management, private equity, investment banking, real estate investments, and wealth management. The company is authorized by the Saudi Capital Market Authority (CMA) and operates with a paid capital of SR 400 million, managing over SR 4.5 billion in assets.
Strategic Focus and Services
MEFIC Capital is dedicated to identifying investment opportunities that align with Saudi Arabia's Vision 2030, particularly in sectors such as food & beverages, education, healthcare, retail, technology, and renewable energy. The company presents a diverse suite of services, including:
- Asset Management: Managing a variety of investment portfolios aimed at superior returns and intrinsic value.
- Private Equity: Focused on growth and innovation sectors, with products like MEFIC Private Equity Fund 4 targeting mid-sized technology and renewable energy companies.
- Investment Banking: Engaging in capital raising and advisory services.
- Real Estate Investments: Global management of real estate acquisition, development, and operations.
Emphasizing responsible investment, MEFIC Capital ensures contributions to positive economic and social outcomes within Saudi Arabia.
Leadership Team
Yasser Ali Alhedaithy
- Position: Managing Director & CEO
- Experience: Over 30 years in finance & banking, serving as a Board Member, ExCom Member, and Investment Committee Member.
Amr Rafat Shahwan
- Position: Head of Asset Management
- Expertise: Strategic project coordination and asset management.
Raed Alammari
- Position: Head of Business Development
- Background: Over two decades in business development and wealth management.
Mojeeb Ahmad Althunayan
- Position: Chief Operating Officer
- Experience: 28+ years in roles focused on investment operations.
Shahid Khan
- Position: Acting Head of Finance
- Profile: Manages investment portfolios up to $1 billion.
Majed Ahmad Ruwai
- Position: Head of Compliance
- Experience: 22 years in banking and capital markets compliance.
Yara Alhowmeel
- Position: Head of Human Capital
- Strengths: Expertise in human resources, team building, and talent management.
Market Position and Philosophy
MEFIC Capital positions itself as a leader in Saudi Arabia's financial services sector, driven by principles of integrity, competence, and market understanding. With strategic insights and disciplined approaches, MEFIC Capital delivers industry-leading returns and fosters enduring client partnerships. The company remains dedicated to delivering innovative investment products that guide clients' financial journeys, emphasizing client-centric engagement and transparent governance practices.
Vision and Mission
- Vision: Lead the transformation of Saudi Arabia's financial sector through powerful, trust-based investment experiences.
- Mission: Transform client relationships into partnerships by providing innovative, empowering investment products.
Financial Performance
MEFIC Capital reports annual revenues between $5 million and $10 million. The firm employs between 50 to 99 personnel, indicating a medium-sized operation within the investment banking industry.
Competitors
Regional competitors in investment management include Jadwa Investment, Alkhabeer Capital, and Sanabil Investments:
- Jadwa Investment: Known for Shariah-compliant investments and diverse asset management and private equity offerings.
- Alkhabeer Capital: Extensive operations in alternative investments and private equity, particularly in real estate.
- Sanabil Investments: Involved in venture capital and growth equity, backed by Saudi Arabia's Public Investment Fund.
Strategic Positioning
MEFIC Capital focuses on growth-prospected sectors like technology and renewable energy, integral to Saudi Arabia's Vision 2030 initiatives. By leveraging its expertise and strategic location in Riyadh, MEFIC Capital delivers comprehensive financial solutions and maintains a strong presence in the competitive landscape of the Middle East's investment banking sector.
