Najm Capital
Najm Fund I + Co-InvestGCC growth equity, infrastructure, and strategic buyouts · Q1 2026 reporting
3
K. Al Rashidi · Director
KR
Najm/Capital/ANB Pension
Capital
AP

Arab National Bank Pension Fund

$8B AUM·Riyadh, Saudi Arabia·Anchor since 2022-04
View deckDDQ
Commitment
Fund V$125M
Co-Invest
Called78.4%
DPI 0.09x·Distributed $9M
Reporting
Last deck: 2026-02-12Viewed 1× · 24 min dwell
Next: 2026-04-28Q1 2026 performance report · capital call #7 schedule
Relationship
Yazeed Al HarbiHead of Investments
Najm leadSara Al Mazrouei
About ANB Pension

Arab National Bank Pension Fund is the defined-benefit pension for ANB employees in Saudi Arabia, with ~$8B AUM. LP in Najm Fund I as part of ANB's PE alternatives allocation. Conservative mandate focused on capital preservation and GCC regional returns. Saudi Vision 2030 alignment is a board-level requirement. Managed by Noura Al Kaabi.

Their priors · what resonates
Capital preservation priority · pension liability matching is primary constraint
Saudi Vision 2030 alignment required · board-level filter
Conservative · no co-invest appetite in current mandate
Quarterly reporting minimum · escalation to ANB board on any performance deviation
2025 key moments
Mar: Annual portfolio review · ANB board confirmed PE allocation maintained
Jul: Saudi Vision 2030 compliance review · Najm rated aligned
Oct: Q3 2025 performance briefing · ANB pension committee · positive response
Dec: Capital call schedule confirmed for 2026 · full commitment on track
Contacts
YH
Yazeed Al HarbiHead of InvestmentsLast: 2026-04-08
NZ
Nouf Al ZahraniPortfolio AnalystLast: 2026-04-08
Engagement temperature
Based on deck engagement, meeting cadence, and responsiveness over last 90 days.