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Alkhabeer Capital to Launch a $400 million Fund

Alkhabeer Capital, a Saudi-based boutique investment and asset management firm, announced that is currently planning a $400 million investment programme to be rolled out over the next two years and covering the region and Europe. The firm intends to raise three funds targeting a total of $140 million including, for the first time, a fund targeting investments outside of the MENA region. In addition, the firm plans to raise $30 million for a residential development fund specifically in the UK. (The firm is already fully invested on its previous Saudi development funds, Alkhabeer Land Development Fund I and Alkhabeer Land Development Fund II).