# Sanabil Investments

Sanabil Investments is an Asset Manager based in Riyadh, Saudi Arabia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Riyadh, Saudi Arabia
- **Region:** Middle East
- **Address:** Riyadh, Saudi Arabia
- **Founded:** 2009
- **Assets under management:** 12.5B (Altss estimate)
- **Website:** sanabil.com
- **LinkedIn:** https://www.linkedin.com/company/sanabil-investments

## Regulatory record

- **Reports private funds:** No

## About

Sanabil Investments was established in 2009 as a closed joint-stock company wholly owned by the Public Investment Fund. Yasir Al-Rumayyan chairs the firm while serving as PIF governor. The structure channels sovereign capital into private markets without direct state ownership of individual portfolio companies. The firm pursues venture capital strategies through fund commitments and direct investments. Confirmed holdings include Unifonic, World Labs, SiFi, Hala, Gathern, Tamara, and Intella. It also maintains limited partner positions with Andreessen Horowitz, Polychain Capital, 500 Global, KKR, and Blackstone. Activity centers on Saudi Arabia and the United States, with additional exposure in the United Kingdom and Egypt. Sanabil operates an accelerator program and maintains the Sanabil Hub facility in Riyadh to support early-stage companies. The firm employs an undisclosed number of investment professionals and maintains no additional offices beyond its Riyadh headquarters. It participates in the Future Investment Initiative as a strategic partner and hosted its Accelerator Demo Day in December 2025. Sanabil also maintains a partnership with the Al-Hilal Foundation focused on community initiatives in Saudi Arabia. Sanabil functions as a dedicated PIF subsidiary rather than an independent family office or multi-client manager. This ownership creates a direct link between sovereign capital allocation and the firm's investment decisions, with governance exercised through the PIF board and chairman.

## Sectors

- Venture Capital
- FinTech
- Artificial Intelligence

## People

- Yasir Al-Rumayyan — Chairman
- Abdullah Abduljabbar — CEO

## Questions

### Who runs investment decisions at Sanabil Investments?

Abdullah Abduljabbar serves as CEO. Yasir Al-Rumayyan acts as chairman and maintains oversight through his role as PIF governor.

### Does Sanabil Investments participate in fund commitments or only direct deals?

The firm executes both fund commitments and direct investments. It holds positions in Andreessen Horowitz, Polychain Capital, 500 Global, KKR, and Blackstone alongside direct startup holdings.

### What investment stages does Sanabil Investments typically target?

Sanabil targets early-stage and growth companies through its accelerator program and direct investments. It also commits to venture funds with varying stage mandates.

### How is Sanabil Investments related to the Public Investment Fund?

Sanabil was founded by PIF and remains its wholly owned subsidiary. The relationship determines mandate, governance, and capital sourcing.

### What is Sanabil Investments known posture on co-investments alongside external GPs?

Sanabil executes co-investments alongside its fund commitments. It maintains direct ownership in multiple portfolio companies across technology and financial services.

## Related profiles

- [John Deere Foundation](https://altss.com/profile/john-deere-foundation)
- [Circle Wealth Management](https://altss.com/profile/circle-wealth-management)

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

Canonical page: https://altss.com/profile/sanabil-investments

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