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Raidah Investment Company (RIC)
Raidah Investment Company (RIC) is a closed joint-stock investment firm incorporated in Riyadh and regulated by the Saudi Capital Market Authority.
Raidah Investment Company (RIC)
Raidah Investment Company (RIC) is a closed joint-stock investment firm incorporated in Riyadh and regulated by the Saudi Capital Market Authority. Its corporate form — a closed joint-stock company — means shares are not offered to the public, distinguishing it from open-market asset managers and anchoring the firm as a captive investment vehicle for its founding shareholders rather than a third-party capital gatherer. RIC's mandate spans public and private Saudi markets. The firm participates in Tadawul-listed equities, direct private equity placements, and domestic real estate ventures concentrated in Riyadh, Jeddah, and the Dammam Metropolitan Area. Deal parameters and sector preferences are not disclosed publicly, but the firm is known to engage in DPM (discretionary portfolio management) and arranging activities under its CMA license. Its deal flow appears tied to the Kingdom's broader diversification push under Vision 2030, though no named portfolio companies or co-investors are verifiable from public record. The firm's team size, total deployment, and parent beneficiary are not disclosed. RIC maintains no known international offices, philanthropic arms, or adjacent club-style vehicles. No executive leadership biographies are published, and the firm has made no public announcements of fund closings, personnel moves, or acquisitions in the past 24 months. RIC's structural differentiator is its closed joint-stock architecture authorized solely for Saudi-domiciled investments. Unlike Riyadh-based family offices that route capital through offshore holding companies in the DIFC or ADGM, RIC's license and charter keep its entire book subject to Saudi corporate and securities law — a posture that constrains its currency exposure, counterparty set, and exit pathways entirely to the domestic ecosystem.
General information
Firm type
Bank / Wealth / Trust
Year founded
2007
AUM
Undisclosed
Location
Region
Middle East
Country
Saudi Arabia
City
Riyadh
Corporate office
Riyadh, Saudi Arabia
Frequently asked questions
Who owns Raidah Investment Company?
RIC is structured as a closed joint-stock company, meaning ownership is held by a fixed set of founding shareholders and shares are not publicly tradable. The identities of those shareholders are not disclosed in public CMA filings or the firm's official communications. This ownership opacity is common among smaller Saudi investment houses that manage captive corporate or family capital.
Does Raidah Investment Company manage third-party capital or only proprietary assets?
While licensed by the CMA for discretionary portfolio management and arranging — activities that can technically serve external clients — public record shows no evidence of open-ended fund products, LP solicitations, or third-party asset gathering. Its closed joint-stock structure and complete absence of marketing materials suggest the firm exists primarily to manage proprietary capital for its undisclosed shareholders.
Which asset classes does RIC invest in?
The firm's CMA license permits it to manage investments in Saudi-listed equities, unlisted private equity, and domestic real estate. No public materials confirm allocations to fixed income, venture capital, or alternative assets beyond these three mandates. Geographic scope appears limited entirely to Saudi Arabia, consistent with the restrictions of a closed joint-stock investment entity not cross-licensed in other GCC financial centers.
How does RIC's structure differ from a Saudi single-family office?
A Saudi single-family office typically operates as a limited liability company or establishment registered with the Ministry of Commerce, often routing international capital through an offshore vehicle in the DIFC or Cayman Islands. RIC, by contrast, is a CMA-licensed closed joint-stock company — a heavier regulatory form designed for corporate holding entities rather than individual family patriarchs. This structure keeps all assets onshore under Saudi securities supervision, constraining international exposure and dictating a domestic-only investment posture.
Is RIC affiliated with any known Saudi conglomerate or royal family branch?
No public record establishes a direct link to any named Saudi conglomerate, royal branch, or sovereign entity. The firm's Riyadh registration and 'Investment Company' designation place it among dozens of similarly named closed joint-stock entities that hold proprietary corporate or family portfolios without public attribution.
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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