Riyadh, Saudi Arabia – 4 February 2025: Jada Fund of Funds marked the conclusion of the inaugural SuperReturn Saudi Arabia conference in Riyadh on January 27 and 28, reinforcing the Kingdom’s position as a leading regional and global hub for investment. Bringing together over 1,000 industry leaders, asset managers, and policymakers from more than 50 countries, SuperReturn Saudi Arabia provided a platform to engage with the Kingdom’s thriving private capital ecosystem.
In his welcome remarks, Bandr Alhomaly, Managing Director and CEO of Jada Fund of Funds emphasized the importance of the conference in facilitating the needed partnerships to capture the untapped opportunities in Saudi Arabia's private capital ecosystem and said: "We are proud to sponsor such a global event, providing a well-recognized platform for GPs and LPs to build meaningful, long-term partnerships that foster the growth of promising sectors, contributing to economic diversification and the realization of Saudi Vision 2030."
He continued: "We have all the reason to be optimistic about the trajectory of the private investment environment in the Kingdom, particularly given the strong domestic demand, the progress achieved through economic transformation, and the availability of growth capital." Omar Al-Madhi, Chairman of Jada Fund of Funds, added: ” Since its establishment in 2018, Jada has partnered with over 40 funds, through which it has invested in more than 600 SMEs. These efforts have supported the creation of over 14,000 local jobs and the training of over 600 fund managers and investment professionals."
In 2024, Jada achieved a record year for fund deployment, which propelled deal-making activities in the region. Beyond investments, Jada is advancing market development through ongoing support for emerging fund managers, raising market standards via investment due diligence, governance, and transparent reporting, as well as enriching practical investment knowledge through research partnerships.
The conference featured discussions on private equity, venture capital, and private credit, with insights from leading global experts and Jada officials. Bandr Alhomaly participated in The Kingdom Takes the Spotlight panel on Day 1. He was joined by H.E. Ibrahim Al-Mubarak, Assistant Minister of Investment, and Tariq Al-Sudairy, Managing Director and CEO of Jadwa Investment, in a dialogue moderated by Somi Arian, CEO of InPeak.
During the panel, Bandr Alhomaly continued: "The prudent and growth-friendly policies of Saudi Vision 2030 have laid the foundation for a thriving private capital ecosystem. These include enhanced regulations, growth capital availability, investments in talent and education, and digital infrastructure. The Kingdom is well-positioned to become a global hub for AI. The
world needs large data centers, which can be built here, as Saudi Arabia has abundant energy, vast land, excellent connectivity, and, most importantly, leadership support."
