Riyadh, Saudi Arabia — October 2024 — In a significant development for the region’s investment sector, BIM Ventures and Japan-based SBI Holding have announced the launch of BIM Capital, a pioneering joint venture focused on harnessing growth opportunities across Saudi Arabia and the wider Middle East. The announcement took place at the Future Investment Initiative (FII) 8 in Riyadh, with endorsement from the Ministry of Investment and in the presence of His Excellency Eng. Khalid Al-Falih, Minister of Investment.
BIM Capital is strategically positioned to shape the investment landscape by channeling funds into high-potential sectors through private equity, venture capital, debt funds, and real estate development funds. The firm targets an ambitious asset base, aiming for over $2 billion (SAR7.5 billion) in assets under management (AUM), alongside attracting more than $200 million (SAR750 million) in foreign direct investment (FDI).
By leveraging its expertise and regional insights, BIM Capital will focus on technology-driven ventures, emerging industries, and real estate development, providing investors with access to transformative, high-growth opportunities in Saudi Arabia and beyond. The joint venture’s establishment underscores the growing momentum in the region for innovative, diversified financial solutions.
Expanding beyond traditional venture capital, BIM Capital will explore venture debt, private credit markets, and real estate development funds. These alternative financing solutions will be tailored to support companies with scalable business models and foster sustainable real estate projects. By providing flexible financing mechanisms, BIM Capital aims to address the evolving financial needs of regional businesses while managing risk and ensuring consistent returns for investors.
This initiative is subject to necessary approvals and licensing by the Capital Market Authority, marking a major step in fostering economic growth and diversification in alignment with Saudi Arabia’s Vision 2030.
