Riyadh, Saudi Arabia
Audi Capital, a regional asset and wealth management firm operating in Saudi Arabia since 2006, announces today, at the inaugural Cultural Investment Conference in Riyadh, the launch of the CMA-regulated Audi Capital MENA Art Fund (the “Fund”), the first regulated art fund in Saudi Arabia and the broader MENA region. Any subscription to this Fund remains open exclusively to Institutional and Qualified Clients in accordance with the Terms and Conditions of the Fund issued by Audi Capital on 15 September 2025.
The Fund will primarily invest in modern and contemporary works from established and blue-chip artists from Saudi Arabia and the broader MENA region, with a majority allocation for regional art and the remaining for global art.
The Fund will foster a dynamic art community, connecting like-minded investors. The Fund will also host exclusive quarterly events, bringing together collectors, experts, and industry leaders to explore trends and emerging talent, further supporting the growth of the regional art ecosystem.
Daniel Asmar, CEO of Audi Capital and former Managing Director for the MENA region at Sotheby’s, stated: “Art has long been a powerful medium for storytelling. Through this Fund, we are not only investing in masterpieces but also in the narrative of our region’s artistic evolution. The Audi Capital MENA Art Fund introduces a unique investment opportunity that aligns financial prosperity with cultural legacy.”
This initiative supports Saudi Arabia’s cultural ecosystem by enriching the Kingdom’s cultural landscape and positioning MENA art as a significant force in the global art market.
