Rank: 16
Saudi Fransi Capital
Country: Saudi Arabia
CEO: Salam Al-Khunaizi
Date of Establishment: 2011
AUM: $4.3 billion
In 1985, Banque Saudi Fransi offered securities brokerage in Saudi equities. Today, its investment arm, Saudi Fransi Capital, offers investment banking, asset management, research, and local and international securities brokerage. Between 2020 and 2021, the firm issued sukuks for Banque Saudi Fransi, and the Saudi Real Estate Refinance Company as well as a rights issue for Zain Saudi. Before joining Saudi Fransi Capital, Salam Al-Khunaizi served as CEO of Samba Capital. Al-Khunaizi was among the leaders behind Saudi Aramco’s IPO in 2019, the biggest IPO in history.