Riyadh - Sharikat Mubasher: Ashmore Investment Saudi Arabia, a leader in advising, arranging, and managing investments, announced the completion of its second acquisition in the education sector through its Education Investment Fund.
This acquisition reflects Ashmore’s long-term commitment to bolstering the Kingdom's education sector in alignment with Vision 2030, the company stated in a press release today.
The recent transaction, referred to as Project Oasis, includes two schools in Riyadh offering international curricula. It represents a pivotal milestone in Ashmore’s strategy to establish a leading K-12 education platform in the Kingdom.
Ahmed Al Mohaisen, CEO, Managing Director, and Board Director of Ashmore Investment Saudi Arabia, affirmed that the acquisition demonstrates the company’s belief in the education sector and its confidence in the Kingdom's long-term growth narrative.
“Through our Education Investment Fund, we target to support high-quality school operators, enhance institutional governance, and make significant contributions to the objectives outlined in Vision 2030. Project Oasis capitalizes on our established expertise in the education investment sector, highlighted by the successful divestment of the previous Ashmore GCC Education Fund in 2024,” the CEO added.
The Education Investment Fund’s investments pave the way for a scalable education platform that aims to collaborate with more than five school operators across Riyadh, offering both national and international curricula.
“By collaborating with reputable operators and investing in modern, purpose-built facilities, we are developing a platform that not only targets to achieve exceptional educational outcomes but also creates sustainable value for our investors,” Al Mohaisen noted.
Ashmore Investment Saudi Arabia is licensed by the Capital Market Authority (CMA) to advise, arrange, manage investments, and operate funds in Saudi Arabia. It delivers tailored investment solutions across asset management, private equity markets, fund management, and advisory and arranging services.
