Hassana and Warburg Pincus Forge Strategic Partnership in Saudi Arabia
Deal News | Mar 05, 2025 | Warburg Pincus
Hassana Investment Company and Warburg Pincus have signed a Memorandum of Understanding (MoU) to strengthen their partnership and explore investment opportunities in Saudi Arabia. The signing took place during a roundtable discussion at the Ministry of Investment, highlighting why both parties are keen on finding high-growth sectors within the Kingdom's asset classes. Warburg Pincus, a global private equity leader, and Hassana, a significant institutional investor, aim to leverage their expertise to contribute to Saudi Arabia's long-term economic growth, in line with the goals of Saudi Vision 2030. Hassana manages over SAR 1.2 trillion in assets and focuses on long-term value creation, while Warburg Pincus looks to extend its 60-year tradition of consistent returns through disciplined and diversified investment strategies.
Sectors
- Private Equity
- Investment Management
- Financial Services
Geography
- Saudi Arabia – The MoU is aimed at finding and capitalizing on investment opportunities specifically in the Kingdom of Saudi Arabia.
- United States – Warburg Pincus is headquartered in New York, and their involvement indicates a cross-border relationship with Saudi Arabia.
Industry
- Private Equity – Warburg Pincus is a pioneer in global growth private equity investing, and the MoU with Hassana highlights their joint focus on this sector.
- Investment Management – Hassana Investment Company is a major institutional investor, managing one of the world's largest pension funds.
- Financial Services – Both Hassana and Warburg Pincus operate in the financial services industry, focusing on investment opportunities and management.
Financials
- SAR 1.2 trillion – Assets under management by Hassana Investment Company.
- $86 billion – Assets under management by Warburg Pincus.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hassana Investment Company | Private Investment Manager | Company | Handles one of the world's largest pension funds and aims to create long-term value across different asset classes. |
| Warburg Pincus | Private Equity Firm | Company | Global private equity firm with over $86 billion assets under management, focusing on diversified investment portfolios. |
| Ministry of Investment | Government Entity | Government | Hosted the roundtable discussion where the MoU was signed. |
| Ahmed W. Alqahtani | Chief Investment Officer of Regional Markets at Hassana | Person | Signed the MoU on behalf of Hassana. |
| Jeffrey Perlman | CEO of Warburg Pincus | Person | Signed the MoU on behalf of Warburg Pincus. |
| Ibrahim Almubarak | Assistant Minister | Person | Present at the MoU signing during the roundtable discussion. |
| Hani Al-Jehani | Chief of Investment Officer - International Markets at Hassana Investment Company | Person | Commented on the partnership and its alignment with Saudi Vision 2030. |