Alkhabeer Capital hosts roundtable on family businesses

Alkhabeer Capital, a major Saudi investment and asset management firm authorized by CMA (Capital Market Authority), recently hosted a roundtable on family businesses and private equity in Jeddah.
The event was attended by clients, partners and a select group of prominent industry leaders and was chaired by keynote speaker Benoit Leleux, professor of entrepreneurship and finance at IMD Business School in Switzerland.
Leleux presented two key sessions, which addressed the relationship between private equity and family businesses, the first titled “Family business and private equity — valuable partnership or conflicts of interest” and the second titled “The impact of governance and presence of non-family executives on family businesses’ entrepreneurial wealth creation.”
The two sessions were well received by the audience, as Leleux highlighted the benefits that private equity can bring to family owned businesses and its ability to preserve the entrepreneurial spirit of the next generation. A particular focus was on the guidance that private equity partners can bring to families in the selection of non-family CEOs and the advice they can provide on wider corporate governance issues.
Alkhabeer’s Deputy CEO Ahmed Ghouth addressed the audience in the opening statement highlighting Alkhabeer’s achievements within the private equity space from 2011 to date. He also discussed the growing trend of engaging private equity as a means of securing new capital investments for family businesses, which are committed to driving growth and realizing their full potential. Ahmed thanked the attendees in the closing remarks, and hoped that they found the sessions mutually beneficial in terms of content and best practices case studies.
Ammar Shata, executive director and CEO of Alkhabeer, said: “Our private equity roundtable capitalizes on our market experience and provides a valuable knowledge sharing event for all attendees.”