The Investment Committee of King Khalid University Endowments held its first meeting, chaired by Mr. Ali bin Suleiman Al-Shahri, Chairman of the Committee, with the presence of the committee members. This comes within the framework of enhancing the investment system and improving the efficiency of endowment assets to support their sustainability and develop their resources.
The meeting began with a discussion of the most prominent available investment opportunities and ways to maximize returns from endowment assets, in line with best investment practices to achieve financial sustainability and support the university’s academic and community mission.
The meeting also included an introduction to the cash and in-kind endowment assets of the university, reviewing mechanisms for their management and development, in addition to discussing the project of establishing a Special Purpose Vehicle (SPV) investment fund as a modern tool to enhance investment efficiency and diversify income sources.
The members discussed a project to replace some real estate assets with shares, as well as studying opportunities to acquire promising real estate investments, aiming to achieve a balance between risks and returns and to enhance the value of the endowment portfolio in the long term.
The meeting also introduced “Qimam Abha” Company, the investment arm of the endowment, and its role in managing and developing investment projects, in addition to discussing a proposal to add a member to the Investment Committee to support diversity of expertise and enhance decision-making efficiency.
The meeting concluded with a discussion on the strategic partnership project between the university endowments and the (KKUx) platform, where members emphasized the importance of integration with modern digital initiatives to expand investment scope and enhance economic and social impact, in line with development goals and the Kingdom’s Vision.