Asset Manager

Updated:

Rassanah Capital

Rassanah Capital is a fund manager based in Riyadh, Saudi Arabia. It focuses on Venture Capital investments. The firm oversees approximately $941.33 million in...

Rassanah Capital logo

Rassanah Capital

Rassanah Capital is a fund manager based in Riyadh, Saudi Arabia. It focuses on Venture Capital investments. The firm oversees approximately $941.33 million in assets.

General information

Firm type

Generalist

Location

Region

Middle East

Country

Saudi Arabia

City

Riyadh

Corporate office

Riyadh, Saudi Arabia

Principals

Abdullah bin Abdulrahman Al-Rabdi

Founder / Managing Director

Abdul Latif Al-Bassam

Director of Compliance and AML/CTF

Abdullah

CEO of Wealth Management

Wael Ismail

CFO

Naif

CEO of Real Estate Investments

Mishal

Vice President, Investment Banking

Abdulrahman

Portfolio Manager, Equities & Murabaha Funds

Sector focus

Real EstateFinancial ServicesEquitiesPrivate EquityVenture CapitalInvestment BankingDebt Advisory

Frequently asked questions

Who controls investment decisions at Rassanah Capital?

Abdullah bin Abdulrahman Al-Rabdi, the founder and managing director, sets the investment strategy. Day-to-day portfolio decisions for the public funds are managed by Abdulrahman, the equities and murabaha portfolio manager. The real-estate practice is led by CEO Naif, and the investment-banking team is headed by Vice President Mishal.

Does Rassanah Capital run only public funds, or does it also do private transactions?

The firm runs two publicly reported funds — a Saudi equity fund and a murabaha income fund — and operates an investment-banking division that has executed over SAR 17 billion in IPO, M&A, and debt advisory mandates. A separate real-estate investment team manages over SAR 20 billion in property portfolios, which are typically private deals.

What is the firm's real-estate footprint?

Rassanah's real-estate practice, led by CEO Naif, spans development projects and income-generating properties. The firm states it has managed real-estate portfolios exceeding SAR 20 billion in total value, covering both Saudi and international markets.

Is Rassanah Capital a single-family office or an asset manager for outside clients?

Rassanah is a Capital Market Authority-licensed asset manager serving external clients — high-net-worth individuals and institutions — not a dedicated family office. It earns fees from managed funds, investment banking mandates, and discretionary portfolio management.

How is Rassanah Capital regulated?

The firm holds a license from Saudi Arabia's Capital Market Authority (CMA). Its compliance function, led by Abdul Latif Al-Bassam, has specific anti-money-laundering and counter-terrorist-financing oversight, a structure he previously ran at Al Rajhi Capital and Samba Capital.

Profile maintained by 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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