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Nesma Holding
Saleh Al-Turki established Nesma Holding after building an initial construction business. His children Faisal Al-Turki and Noura Al-Turki now hold the roles of...
Nesma Holding
Saleh Al-Turki established Nesma Holding after building an initial construction business. His children Faisal Al-Turki and Noura Al-Turki now hold the roles of President and Vice President. The family office structure separates operating companies from investment allocation decisions. Nesma Holding deploys capital across real estate, infrastructure, and energy transition projects. It participates in direct co-investments and consortium structures rather than fund commitments. Confirmed positions include partnerships with Masdar on the Dumat Al Jandal wind project and with EDF Renewables on the South Jeddah Solar plant. The firm also holds residential developments at NEOM and Atheeb Village in Al Khobar. Geographic reach covers the Middle East, Africa, Asia, and Europe. The office maintains no disclosed headcount or AUM figure. Additional vehicles include the Nesma Art Gallery Collection and the Saleh Al-Turki Employee Empowerment Fund. Noura Al-Turki previously served as Vice President of the Saudi Shooting Federation. No operational events from the last 24 months appear in public records. Nesma Holding operates through a hybrid model that combines family governance with separate operating subsidiaries such as Nesma & Partners. This structure allows the principals to retain control over both project execution and capital allocation without external fund vehicles.
General information
Firm type
Single Family Office
Year founded
1979
AUM
Undisclosed
Location
Region
Asia
Country
Saudi Arabia
City
Jeddah
Corporate office
Jeddah, Saudi Arabia
Principals
Saleh Al-Turki
Founder and Honorary Chairman
Faisal Al-Turki
President
Noura Al-Turki
Vice President
Abdulaziz Al-Turki
Chairman of Nesma & Partners
Sector focus
Frequently asked questions
Who runs investment decisions at Nesma Holding?
Saleh Al-Turki serves as Founder and Honorary Chairman. Faisal Al-Turki holds the title of President and Noura Al-Turki serves as Vice President. The three family members oversee capital allocation.
How does Nesma Holding source proprietary deal flow?
The firm sources through consortium partnerships and direct relationships with project developers. Recent examples include joint renewable energy bids with Masdar and EDF Renewables.
Does Nesma Holding participate in fund commitments or only direct deals?
Nesma Holding executes through direct co-investments and SPVs. Public records show no commitments to external private equity or venture funds.
What investment stages does Nesma Holding typically target?
The firm targets growth and late-stage opportunities in infrastructure and real estate. It also participates in project-level development phases.
Where does the underlying wealth come from?
Wealth originated from the construction and industrial services businesses founded by Saleh Al-Turki more than 40 years ago.
Does Nesma Holding maintain philanthropic structures?
Yes. The firm supports the Majid Society, Namat, and the Saleh Al-Turki Employee Empowerment Fund. These vehicles operate separately from the investment portfolio.
What is Nesma Holding's known posture on co-investments alongside external GPs?
The firm enters consortium arrangements with strategic partners such as Masdar and EDF Renewables on specific energy projects rather than alongside financial GPs.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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