![Riyad Capital](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2021/06/30101503/3-Sabti-bin-Sulaiman-Al-Sabti-RiyadCapital.jpg)
Rank: 3
Riyad Capital
Country: Saudi Arabia
CEO: Sabty Sulaiman Al Sabty
Date of Establishment: 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.