Forbes Middle East

14. SEDCO CAPITAL

-

CEO: Samer Abu Aker Country: Saudi Arabia Establishe­d in: 1976

AUM: $5.2 billion

SEDCO Capital has offices in Riyadh, Dubai, London, and Luxembourg. It recorded more than $5.2 billion in total assets under management in 2020. It was the first Saudi Sharia-compliant asset manager to be a signatory of the United Nations Principles of Responsibl­e Investing. In February 2021, SEDCO completed its acquisitio­n of 1899 Pennsylvan­ia Avenue in Washington DC, an office building near the White House.

 ??  ??

Newspapers in English

Newspapers from United Arab Emirates