Aliph Group has appointed Hanadi Al Ali as Managing Director to lead its operations in Saudi Arabia, expanding its presence in one of the region’s largest private equity markets.
Al Ali joins the GCC-based investment firm from Malaz Capital, a Riyadh-headquartered asset manager, where she was Vice President of Placement and Advisory. She previously held roles at Arcapita and Al Rajhi Capital, and brings over two decades of experience in investment management, with a focus on regional capital markets and institutional clients.
Her appointment comes as Aliph opens an affiliate office in Riyadh and steps up dealmaking in the Kingdom. The firm is backed by Saudi institutional investors, including Jada, a fund of funds owned by the Public Investment Fund, and Saudi Venture Capital. The group’s strategy involves acquiring and managing businesses across the region, with a focus on creating value.
Aliph founder and CEO Huda Al-Lawati said Al Ali’s knowledge of the Saudi business environment would support the firm’s expansion efforts. The firm recently closed a 25 percent stake in GCC-based SANIPEX Group, a supplier of lifestyle and building products, and appointed private capital veteran Gaurav Wadhwa as Managing Director in late 2024.
Saudi Arabia’s private equity and venture capital sector has seen steady growth, with total assets under management reaching SAR 26.5 billion in 2023, according to the Saudi Capital Market Authority. Riyadh is positioning itself as a hub for alternative investment firms under the Kingdom’s Vision 2030 agenda.
