3. RIYAD CAPITAL

CEO: Sabty Sulaiman Al Sabty Country: Saudi Arabia Established in: 2008

AUM: $18 billion

Riyad Capital is the investment arm of Riyad Bank. It recorded assets under management of $18 billion in 2020, an increase of 35% compared to 2019. Assets under custody increased by 292%. In April 2021, Riyad Capital signed an agreement with BNP Paribas Securities Services to provide global custody, fund services, and consolidated data management services in Saudi Arabia.