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Saudi Health Investment Company
Dr. Mohammed Ameen leads Saudi Health Investment Company, the Al Nahla Group vehicle that co-anchored a MENA healthcare fund with IFC and GE Healthcare.
Saudi Health Investment Company
Saudi Health Investment Company emerged from the Al Nahla Group, a Saudi conglomerate whose principals saw healthcare not as a philanthropic sideline but as a distinct investment vertical. The firm, headquartered in Jeddah, operates as the healthcare-specialized arm of the family's broader holdings, with Group CEO Muhammad Wajeeh Sharbatly sitting on its board. Its mandate separates healthcare delivery assets from the conglomerate's trading and real estate activities. The firm co-anchored the TVM Capital MENA healthcare fund alongside the International Finance Corporation and GE Healthcare, a partnership that signaled an institutional approach to regional healthcare private equity. Asset-class exposure spans growth-equity and buyout positions in hospital operators, specialized outpatient centers, and healthcare real estate. The firm also owns and operates Gulf Medical Center in Colombo, Sri Lanka, and a Nurses' Training Institute and Hospital in the same city — direct operating assets that generate both clinical revenue and workforce-development returns. Geographic reach extends across Saudi Arabia's major cities and into Sri Lanka, with co-investor relationships that plug the firm into IFC's emerging-market healthcare network. In September 2023, Saudi Arabia's Public Investment Fund established a similarly named entity — Saudi Health Investment Company — as part of its national healthcare transformation push, creating a distinct, state-backed vehicle that shares the name but not the ownership structure of the Al Nahla-affiliated firm. The Al Nahla Group's healthcare unit operates separately from this PIF initiative, though the naming overlap reflects the centrality of health investment to the Kingdom's economic agenda. The firm's lean team draws on the Al Nahla Group's multi-decade regional relationships to source proprietary deal flow that commercial healthcare investors rarely access. What distinguishes the firm is its hybrid structure — part direct operator of healthcare assets, part limited partner in institutional funds, anchored to a single-family balance sheet but co-investing alongside sovereign and multilateral institutions. This architecture lets it hold assets indefinitely without fund-life pressure, a structural advantage when building hospital platforms that require decade-long operational turnarounds.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Middle East
Country
Saudi Arabia
City
Jeddah
Corporate office
Jeddah, Saudi Arabia
Principals
Muhammad Wajeeh Sharbatly
Board Member
Dr. Mohammed Ameen
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Saudi Health Investment Company?
Dr. Mohammed Ameen serves as Chief Executive Officer and leads day-to-day investment decisions. The firm's board includes Muhammad Wajeeh Sharbatly, Group CEO of the parent Al Nahla Group, ensuring direct alignment with the family conglomerate's strategic priorities. Investment committee composition beyond these principals is not publicly disclosed.
How is the firm related to the PIF entity of the same name?
They are separate organizations. The Al Nahla Group-affiliated Saudi Health Investment Company predates the Public Investment Fund's entity, which was announced in September 2023 as part of the Kingdom's healthcare sector transformation. The PIF vehicle is a state-backed commercial investment company focused on medical devices, supplies, and pharmaceutical distribution within Saudi Arabia, while the Al Nahla firm is a privately held family office investment platform with international healthcare assets including operations in Sri Lanka.
Does the firm participate in fund commitments or only direct deals?
The firm does both. It anchors healthcare-focused private equity funds — most notably the TVM Capital MENA fund alongside IFC and GE Healthcare — while also directly owning and operating hospital and healthcare training assets, including Gulf Medical Center and a Nurses' Training Institute in Colombo, Sri Lanka.
What is the firm's geographic investment scope?
Primary focus is Saudi Arabia and the broader Gulf region through its fund commitments and domestic healthcare investments. The firm also holds direct operating assets in Sri Lanka, specifically in Colombo, demonstrating a willingness to deploy capital into South Asian healthcare markets where it can apply its hospital-operating expertise.
Where does the underlying wealth come from?
The firm's capital originates from the Al Nahla Group, a Saudi conglomerate with diversified interests across trading, real estate, and investment activities. Muhammad Wajeeh Sharbatly serves as Group CEO of Al Nahla and sits on the healthcare investment company's board, connecting the firm directly to the family's multi-generational business holdings.
Does the firm maintain philanthropic structures alongside its investment activities?
Yes. The firm operates a Nurses' Training Institute in Sri Lanka that combines healthcare education with clinical delivery through an attached hospital. This structure blurs the line between impact-first initiatives and revenue-generating healthcare operations, typical of family offices that embed social objectives within their investment platforms rather than separating them into standalone foundations.
What investment stages does the firm target in healthcare?
The firm pursues both growth-equity positions in established healthcare operators and greenfield development projects. Its ownership of operating hospitals and training institutes indicates appetite for control positions in operating companies, while its participation in the TVM Capital MENA fund suggests comfort with minority growth-equity exposures through institutional fund structures.
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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