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Abdulaziz Alsalman
ResearchedAngel Investor / Real Estate Investment Management

Abdulaziz Alsalman

Chief Executive Officer · Al Raidah Investment Company (RIC)

Seed RoundRiyadh, Saudi Arabia
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At a glance

Title
Chief Executive Officer
Firm
Al Raidah Investment Company (RIC)
Firm Type
Angel Investor / Real Estate Investment Management
Investment Stage
Seed Round
Location
Riyadh, Saudi Arabia
Firm Background
RIC was established in 2007 to manage Public Pension Agency's (PPA) real estate assets; merged with Hassana Investment Company in 2021

Background

Limited public information is available about Abdulaziz Alsalman's professional background as of March 2026. Al Raidah Investment Company (RIC), where he serves as Chief Executive Officer, was originally established in 2007 under Royal Decree No M/9 dated 9/3/1428 AH (28/3/2007 AD) as a closed joint-stock company registered in Saudi Arabia to develop the Public Pension Agency's financial resources and diversify its investments.

RIC initially focused on managing the PPA's real estate holdings. In 2017, the PPA's board expanded RIC's mandate to oversee the entire investment portfolio, prompting significant organizational restructuring and the adoption of a new governance framework. The company manages the PPA's portfolio following global best practices to maximize investment returns consistent with prudent risk management.

In late 2021, Al Raidah Investment Company merged with Hassana Investment Company, Saudi Arabia's leading institutional investor managing assets for the Public Pension Agency and General Organization for Social Insurance. The merged entity now manages over $320 billion in assets under management across multiple asset classes in local and international markets.

Investment Thesis & Focus

Based on RIC's historical mandate and operations, the firm's investment approach includes:

Asset Classes:

Geographic Focus:

Company Mission: RIC's stated mission is "to maximize investment returns over the investment horizon consistent with prudent risk in order to meet the funding obligations of the PPA."

Company Vision: "To be a pioneer in institutional investing, locally and globally."

The firm previously managed over SAR 60 billion in real estate assets under management, including 6 operating assets, 3 mega projects under development, and a large land bank portfolio. Following the 2021 merger with Hassana, the scope of investment activities expanded significantly.

  • Real estate development and management
  • Seed-stage investments in Saudi startups
  • Diversified portfolio across multiple asset classes
  • Primary focus on Saudi Arabia and the broader MENA region
  • International markets for portfolio diversification

Notable Investments

  • Multiple real estate development projects in Riyadh
  • Mixed-use commercial and residential developments
  • Land bank holdings across Saudi Arabia

Note on Limited Public Information

This profile is based on limited publicly available information. Abdulaziz Alsalman maintains a low public profile, and detailed biographical information including educational background, prior career experience, board seats, specific investment track record, and personal interests could not be verified through public sources including LinkedIn, Crunchbase, news archives, and investment databases as of March 2026.

The contact information provided ([hidden], +966 (0)11 205 9911) is associated with Al Raidah Investment Company's domain, though the company website was not accessible during research conducted in March 2026.

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