# KFUPM Endowment

KFUPM Endowment is an Endowment / Foundation based in Dhahran, Saudi Arabia.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Dhahran, Saudi Arabia
- **Region:** Middle East
- **Address:** Building 14, Room 258-3, Dhahran, Eastern Province, Saudi Arabia, 31261
- **Founded:** 2007
- **Assets under management:** 500 (Altss estimate)
- **Website:** fund.kfupm.edu.sa
- **LinkedIn:** https://www.linkedin.com/company/kfupmfund

## Regulatory record

- **Reports private funds:** No

## About

The KFUPM Endowment was established in 2007 as the primary investment vehicle for King Fahd University of Petroleum & Minerals. Dr. Muhammad Al-Saggaf, university president, oversees strategic direction while Dr. Mohammed Alkinani manages day-to-day investment decisions. The endowment targets a 25 percent allocation to private equity and maintains substantial direct holdings in real estate. Confirmed positions include full ownership of Business Park Complex Company and Dhahran Techno Valley Holding Company. It also holds public equity stakes in Leejam Sports Company and Walaa Cooperative Insurance Company. Geographic exposure centers on Saudi Arabia with additional minority positions in the United States and Canada through Dhahran Techno Valley Holding Company. The endowment employs no disclosed headcount figure and maintains no additional offices beyond its Dhahran headquarters. It sponsors events including the Saudi Next-G Summit in January 2025 and the Green Sustainable Future in KSA Conference in January 2025. Adjacent vehicles include the KFUPM Fund for Research & Educational Programs established in 2007 and the Al Fozan Academy joint initiative. Ownership flows through 100 percent stakes in operating companies such as Dhahran Techno Valley Holding Company rather than external fund commitments. This structure allows direct control over real estate development and technology park operations tied to university research priorities.

## Sectors

- Real Estate
- Private Equity

## People

- Dr. Mohammed Alkinani — General Supervisor of Investment
- Dr. Muhammad Al-Saggaf — President of KFUPM

## Questions

### Who runs investment decisions at KFUPM Endowment?

Dr. Mohammed Alkinani serves as General Supervisor of Investment. Dr. Muhammad Al-Saggaf, President of KFUPM, provides strategic oversight.

### Does KFUPM Endowment participate in fund commitments or only direct deals?

The endowment holds direct ownership in operating companies including Business Park Complex Company and Dhahran Techno Valley Holding Company. It also maintains public equity positions in listed Saudi companies.

### What asset classes does KFUPM Endowment target?

Allocations include a 25 percent target to private equity and substantial direct real estate holdings. Additional exposure exists in public equities and cash equivalents.

### How is KFUPM Endowment related to Dhahran Techno Valley?

The endowment owns 100 percent of Dhahran Techno Valley Holding Company, which manages the research and technology hub hosting Saudi Aramco and SABIC centers.

## Related profiles

- [Hightower Westchester](https://altss.com/profile/hightower-westchester)
- [Khodorkovsky Foundation](https://altss.com/profile/khodorkovsky-foundation)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/kfupm-endowment

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology