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Algerian-Saudi Investment Company
ASICOM (Société Algéro-Saoudienne d'Investissement) was created by a convention signed and ratified between the governments of Algeria and the Kingdom of Saudi...
Algerian-Saudi Investment Company
ASICOM (Société Algéro-Saoudienne d'Investissement) was created by a convention signed and ratified between the governments of Algeria and the Kingdom of Saudi Arabia. The company's activity started in 2008 and its head office is in Algiers. It finances investment of any kind in any sector through capital contributions (creating companies or taking stakes) and associated current accounts. Share capital of eight billion Algerian dinars (60 million USD) is held in equal parts and fully paid up.
General information
Firm type
Private Equity
Year founded
2008
Location
Region
Africa
Country
Algeria
City
Algiers
Corporate office
Algiers, Algeria
Sector focus
Frequently asked questions
Who runs investment decisions at Algerian-Saudi Investment Company?
No named principals or investment committee members are identified in public sources.
What asset classes does Algerian-Saudi Investment Company deploy into?
The firm focuses on growth equity and venture capital as stated in its strategy description.
Does Algerian-Saudi Investment Company publish AUM figures?
No AUM number is disclosed in any available record.
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