HSBC Saudi Arabia fund administration to include private assets
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HSBC Saudi Arabia fund administration to include private assets 28 April 2026Saudi Arabia Reporter: Zarah Choudhary
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HSBC Saudi Arabia has expanded its existing fund administration capabilities to include private assets.
The bank says that this is a move that supports the rising allocation of asset owners, asset managers, and financial sponsors towards private markets.
With the inclusion of private asset solutions on its platform, HSBC becomes one of the few global institutions in the Kingdom to offer fund administration for clients investing in both traditional and private assets, the bank notes.
Tony McDonnell, global head of Alternative Investments for Securities Services at HSBC, says: “Saudi Arabia’s public and private markets are evolving at pace.
“Expanding our fund administration capabilities will directly address the needs of our institutional clients in the Kingdom, who are increasingly diversifying their exposure to include private assets.”
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