Riyadh, July 1, 2026 – Neuberger, a global, independent, employee-owned investment manager, has been approved by Saudi Arabia’s Capital Market Authority (CMA) for managing investments and operating funds in Saudi Arabia.
Investors in the Kingdom will now have access to Neuberger’s global team of investment professionals offering innovative investment solutions across multiple asset classes tailored to fit their needs.
Khalid Albdah, Chief Executive Officer & Head of Asset Management and Board Member of Neuberger Berman Saudi Investment Company, said: “Thank you to the CMA for their diligence and professionalism throughout the approval process. The new licence will allow Neuberger to bring its global investment capabilities across public and private markets to clients in the Kingdom, as well as establish a world class local investment and client coverage team.”
“Neuberger is committed to aligning its international expertise with the unique needs of Saudi clients by investing in the domestic economy, expanding local teams and developing their skills through education and training programs, in line with Saudi Vision 2030’s objective of developing human capital.”
About Neuberger
Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $567 billion of equities, fixed income, private markets, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of March 31, 2026.
Media Contact:
External Communications Team at Neuberger: externalcomms@nb.com