We collaborate with exceptional teams to scale businesses, unlock performance, and deliver lasting impact.
Foundation Laid
Initiated the preparation and submission process with the Capital Market Authority (CMA) for company licensing, setting the stage for Merak Capital’s formation.
Licensed by the CMA
Received official approval and investment management licenses from the CMA, marking our recognition as a regulated investment firm in Saudi Arabia.
Platform Established
Successfully fulfilled all regulatory requirements and formally established our investment platform, paving the way for multi-asset growth.
Operational Launch
Officially launched the business after commencement was granted by the CMA.
First Fund
Launched Merak Technology Ventures Fund, a SAR 131.25 million flagship venture capital vehicle supporting early-stage technology innovators. Formally established our Private Equity practice, strengthening our multi‑asset investment capabilities.
First Private Equity Transaction
Completed our inaugural private equity transaction with Master Works, valued at SAR 145 million, marking a key milestone in our direct investment journey.
Expansion Across Key Sectors
Expanded our private equity footprint through two landmark investments:
• Jisr HR – SAR 112.7 million
• Shift Inc – SAR 310.8 million
Second Venture Capital Fund
Merak Capital unveiled its second Venture Capital fund, the Merak Gaming Fund, totalling SAR 306 million dedicated to propelling early stage gaming ventures in Saudi and beyond.
Diversification & Shariah Innovation
Closed a private equity transaction with Arsann, valued at SAR 100 million.
Introduced the Merak Open-Ended Murabaha Fund, a Shariah-compliant private credit strategy broadening our product offering.
Continuing the Journey
Building on a legacy of innovation, expansion, and lasting impact across Venture Capital, Private Equity, and Private Credit, as Merak Capital continues to shape the future of alternative investments in Saudi Arabia.
Our team combines deep investment expertise with operational experience across multiple sectors.
We bring disciplined judgment, collaboration, and a proven record of value creation.
Our governance framework is grounded in transparency, integrity, and accountability.
We uphold the highest standards of oversight and ethics, fostering trust among investors, partners, and the broader community.
Merak Capital is a Saudi investment firm advancing innovation, growth, and long-term value across private markets.
Licensed by the Capital Market Authority (CMA): 18194-32
