the go-to investment house; catering to Saudi
institutions and family offices


At Nitaq Capital, we live by principles of

Innovation, Integrity and Excellence

These principles define who we are, and are essential strengths guiding our businesses through every step

OUR MISSION IS TO BUILD A TRUSTED PLATFORM FOR INVESTORS SEEKING THE SUPPORT OF A DEDICATED PARTNER TO LEAD AND COMPLEMENT THEIR EFFORTS IN REACHING INVESTMENT OBJECTIVES.

NITAQ CAPITAL

We are based in Riyadh and regulated by the Saudi Capital Market Authority under license number 21225-22 dated 21/6/2021 (commencement date 23/11/2021), CR number 7025664199 dated 8/9/2021 and paid-in capital of SAR 1 million.

We specialize in managing alternative investment funds primarily focused on Private Equity and advisory services for real estate portfolios and transactions.

OUR APPROACH

Our approach is client-centric, which connotes that we prioritize the needs of our clients and create solutions that best caters to them.

OUR SERVICES

Nitaq Capital leverages decades of cumulative experience of its management team and its Board of Directors in providing the highest standards of advisory services to institutional investors and family holdings and managing assets across various asset classes and sectors.

ASSET MANAGEMENT

Access and execution of private equity investments have always been challenging in the local markets and globally. Nitaq has built its core capabilities around executing and managing such investments through two distinct but similar local offerings of Private Equity and Special Situation Funds in addition to global institutional access to top performing managers.

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ADVISORY SERVICES

With most of local investment houses in the kingdom are in the process of transitioning into institutional setups, Nitaq Capital is geared towards supporting such transition mainly through its investment and real estate advisory services.

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OUR ETHOS

Focused on delivering premium services to its clients, Nitaq Capital exhibits key capabilities and advantages. Some of these are highlighted below:

  • Committing

    to understanding the needs of our clients

  • Employing

    the best investment professionals

  • Innovating

    product and service offering

  • Customizing

    services to the local context

  • Aligning

    with clients’ long-term interest

  • Partnering

    with specialists to deliver a holistic solution

  • Respecting

    sharia principles and guidelines

  • Excelling

    with the highest ethical standards

  • Dealing

    fairly and transparently with all clients

THE TEAM

A multi-disciplinary team composed of tenured investment professionals, governed by renowned board of directors.

Executive Team

Saleh Abdullah Al Henaki
CEO and Chairman of the Board

Saleh has over 25 years of experience managing major Saudi financial institutions.

Saadalla Adada, CFA
CIO and Board Member

Saadalla has over 17 years of experience in financial advisory and asset management.

Independent Board Members

Saleh Mohammad Al Habib
Chairman of the Board

With over 20 years of experience leading major Saudi companies. Saleh currently serves as board member of Dr. Sulaiman Al Habib Medical Services Group and Andalus Property.

Walid Musallam
Board Member

Walid has over 35 years of experience leading major regional and global investment houses, including: Carlyle Group, Abu Dhabi Investment Co. and has previously worked with the IFC.

Saleh Abdullah Al Henaki
CEO and Chairman of the Board

Saleh has over 25 years of experience managing major Saudi financial institutions.
He recently served as the CEO of MASIC Investment Company, a multi-billion

family investment holding. Before MASIC, Saleh served as the CEO of Alinma Investment Company (AIC).During his time with AIC, Saleh spearheaded the growth of the company’s AUMs from about SAR 6 billion to SAR 35 billion. Previously, Saleh held senior positions at Falcom Financial Services, Al Rajhi Bank in addition to SAMA.

He currently serves as a director at Spimaco, National Aviation Services (Flynas), Saudi National Housing Company, Thakher Development, Al Bilad Capital and Al Habib Holding.

Saleh holds a Master’s in mathematics from University of Michigan; Masters in economics from University of Colorado, Boulder; Bachelor’s degree from King Saud University.

Saadalla Adada, CFA
CIO and Board Member

Saadalla has over 17 years of experience in financial advisory and asset management. He recently served as the CIO of MASIC Investment Company and a member of its Investment Committee.

Before MASIC, Saadalla served as the Head of Investment Banking and was in charge of the private equity business at Alinma Investment Company (AIC).

Previously, Saadalla serves as the VP– Investment Banking at Audi Capital, covering mergers and acquisition advisory. Earlier, he worked with Ernst, Young and Deloitte.

During his career, Saadalla established a private equity fund that was exited at an IRR of 25% and has advised major companies, including Saudi Aramco, Jabal Omar and Bank Al Jazira.
Saadalla holds an MBA from INSEAD Singapore-France, a Bachelor in Finance & Accounting from RHU-Lebanon.

He is a Chartered Financial Analyst – CFA, a Certified Public Accountant – CPA and a certified ICWIM.

Saleh Mohammad Al Habib
Chairman of the Board

With over 20 years of experience leading major Saudi companies:

– General Manager of Jawhara Investment and Real Estate

– General Manager of Jawaher Al Gharbia Real Estate Development

– General Manager of Al-Nakheel Housing Company

– General Manager of Maalem Investment Holding Company

He currently serves as board member of Dr. Sulaiman Al Habib Medical Services Group, Andalus Property, Hamat Properties, and several other real estate development companies.

Saleh holds a Bachelor’s degree in Architecture from King Saud University.

Walid Musallam
Board Member

He has over 35 years of experience leading major regional and global investment houses, including:

– Chairman of Investment Committee at Ezdehar Mid-Cap PE Fund, Egypt

– Global Partner & Head of MENA & Turkey Fund at Carlyle Group

– CEO & Chairman of Investment Committee of Abu Dhabi Investment Company – UAE

– CEO & Board Member of Middle East Capital Group

Walid also worked with the IFC (World Bank Group) and Lehman Brothers in Washington DC and New York.

Walid holds an MBA from Columbia University, MS in Engineering Management from Stanford, BSc in Civil Engineering from UPenn.