Structuring public wealth for impact

In partnership with stakeholders in the Kingdom of Saudi Arabia, we developed new frameworks for mobilizing public wealth into diversified investment vehicles designed to create long-term impact. The initiative established a clear roadmap for leveraging sovereign resources, improving capital governance, and aligning investment deployment with the national economic transformation priorities of Vision 2030.

Client: A national endowment authority
Location: Kingdom of Saudi Arabia
Role: Strategy | Structuring | Policy Alignment | Shareholder Engagement

Our approach and work

Our work began with the development of a robust Investment Policy Statement (IPS) that clearly defined objectives, risk limits, and allocation strategy creating a disciplined foundation for decision-making and long-term capital management. We built detailed financial models to project returns and stress-test deployment scenarios, providing the client with greater transparency around trade-offs and portfolio outcomes.

At the governance level, we collaborated directly with the institution’s board to align oversight structures with strategy, ensuring accountability and effective execution. We also designed a capital allocation framework that balanced liquidity, growth, and sustainability — a critical element in transforming how public assets are managed in alignment with Saudi Arabia’s diversification goals.

Objectives

Objective I - Establish a sustainable framework for mobilizing public wealth into diversified, high-impact investments.
Objective II - Create investment pathways that attract private sector participation and global co-investors while safeguarding national interests.
Objective III - Align public wealth deployment with Vision 2030 priorities to ensure capital supports long-term economic diversification and resilience.

Outcome and business impact

The engagement resulted in a series of structural and operational improvements that have reshaped the institution’s investment capability.

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• We established a comprehensive investment policy framework that improved governance, transparency, and accountability.

• Capital allocation discipline was strengthened, aligning institutional resources with long-term objectives and ensuring more consistent performance.

• The board’s decision-making processes were enhanced through structured oversight, scenario analysis, and stress testing.

• The institution became self-reliant in budgeting and capital planning, successfully managing its first external investment process.

• The organization is now positioned for sustainable returns while reducing unmanaged risks, providing a foundation for resilience and future growth.

Through this initiative, Saudi Arabia’s national endowment authority took a major step toward building a modern investment platform capable of mobilizing public wealth for transformational impact a model that supports Vision 2030’s ambition to create a diversified, globally integrated economy.

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