Partner

• 12–20 years of PE or growth equity, with at least 5 leading Saudi or broader GCC deals
• Ideally MBA or equivalent (Wharton, Harvard, INSEAD, LBS frequent in this cohort) plus pre-MBA banking/consulting pedigree
• Saudi national or long-established Saudi resident with deep family-conglomerate relationships
• Bilingual Arabic-English at LP-presentation depth
• Demonstrated portfolio company chairman/board experience and exit track record on the Tadawul or via strategic sale

60+ hours typical with significant volatility around deal closings and IPO processes. Heavy domestic and international travel, deal sites, LP meetings, portfolio boards. Friday-Saturday weekend in Saudi Arabia.

Base salary is the smaller part of the package. Carry allocation drives total comp, typically 1–4% of fund carry at this seniority, paid out as deal exits realise. Annual cash bonus 50–100%+ of base. Co-invest expectations 1–3% of personal net worth into each fund.

Riyadh-based Partners benefit from physical proximity to PIF, GOSI, and the giga-project leadership at NEOM, Diriyah, and Qiddiya. The deal flow asymmetry between Riyadh-resident and Dubai-resident GP teams has widened materially since 2023, deals that originate in Riyadh-rooted relationships rarely reach Dubai-resident teams in the same competitive form.

PIF's 2024 announcement that local Saudi mandates would tilt to GPs with on-the-ground senior leadership accelerated Partner-grade hiring across Apollo, BlackRock, KKR, Ares, and the regional mega-funds. The active 2025 Tadawul IPO calendar (multiple PIF-portfolio listings) generated realised carry that re-anchored market comp expectations upward.