Saudi Arabia's Sidra Capital Ventures into Australian Private Credit Sector
Saudi Arabia's Sidra Capital Ventures into Australian Private Credit Sector
1
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
Sidra Capital, a prominent alternative investments manager from Saudi Arabia, has made headlines with the launch of a new private credit investment fund targeting Australia's thriving mining and energy industries.
The Sharia-compliant fund, known as the Sidra Asia Pacific Private Investments Sub-Fund I, will be headquartered in Singapore and managed by Sidra's local team there.
This multi-asset fund aims to deliver low volatility with a significant investment of US$15 million (approximately AU$22.5 million) dedicated to Australia's mining sector. Sidra Capital has highlighted that the fund promises a secure and reliable revenue stream over a three-year duration, bolstered by robust trends within the Australian mining industry. The fund is structured to yield an annual return of 9.75%, secured by a fleet of mining equipment.
According to Ghassan Soufi, Sidra Capital's vice chairman, this newly established fund offers private investors the chance to engage with a sophisticated investment strategy. Soufi mentions that the firm is cautiously positive about the investment prospects within the Asia Pacific region, including Australia, Indonesia, and Singapore, given the shifts in global supply chains amid current economic challenges.
As Soufi elaborates, Australia in particular stands out as an appealing market due to its high-yield prospects, supported by a robust legal and investment framework. This environment attracts a diverse mix of investors, both domestic and international, creating opportunities within the private credit space.
Azlan Firman, leading Sidra's investment efforts in the Asia Pacific, states that the asset manager is continuously refining its strategies to keep pace with global market developments. This agility allows Sidra to capitalize on emerging private credit prospects spurred by changes in the economic landscape, thus ensuring they provide substantial value to their investors.
Established in 2009 and headquartered in Jeddah, Saudi Arabia, Sidra Capital is committed to Sharia compliance and specializes in alternative asset classes. These include global real estate that generates income, private finance, and private equity. Currently, Sidra manages over SAR16 billion (approximately AU$7.5 billion) in assets, alongside SAR11.5 billion (AU$4.8 billion) invested in real estate internationally.
The Boating Industry Association Ltd (BIA) has officially announced that the 2026 Sydney Boat Show will take place at the Sydney Showgrounds at Sydney Olympic Park from Thursday, 30 July to Sunday, 2 August 2026. This four-day event is set to expand following the success of its debut in 2025 and strong interest from the industry. - read more
Superyacht Australia has announced the return of the Australian Superyacht Conference in 2026, introducing a refreshed format and a new location in Sydney. Traditionally held on the Gold Coast in May ahead of the Sanctuary Cove International Boat Show, the conference will now take place immediately following the inaugural Sydney Charter Show, creating an exciting week of activity for Australia’s growing superyacht sector. - read more
d’Albora Marinas, Australia’s largest premium marina and hospitality network, has expanded its national footprint with the acquisition of Tin Can Bay Marina, strengthening its presence in Southeast Queensland and reinforcing its commitment to investing in standout coastal destinations. - read more
The Boating Industry Association (BIA) has recently unveiled the 'Go Boating SA' campaign, a strategic initiative designed to promote safe and enjoyable boating experiences across South Australia. This campaign underscores the BIA's commitment to enhancing the state's marine industry and fostering community engagement. - read more
The Sydney Boat Show is set to make a grand return in 2026, with plans to expand its exhibition at Sydney Olympic Park from July 30 to August 2. This development marks a significant evolution for the event, aiming to provide an enhanced experience for boating enthusiasts and industry professionals alike. - read more
In a significant move for Australia's outdoor recreation sector, the Boating Industry Association (BIA) and the Australian Fishing Trade Association (AFTA) have formalised an agreement to collaborate more closely. This partnership is designed to benefit their combined membership base and bolster support for boat-based fishing across the nation. - read more
When embarking on the thrilling journey of boat acquisition, the role of specialist finance brokers often remains a hidden key on the sail to a successful purchase. A specialist finance broker serves as a seasoned navigator in the vast sea of boat finance, expertly guiding buyers through complex financial waters to secure the best deals tailored to their individual needs. - read more
Before embarking on the exciting journey of purchasing a new boat, it is essential to have a clear understanding of boat finance options. Choosing the right financing option can save you a considerable amount of money in the long run. Having said that, the numerous finance options and terms can be confusing and daunting for first-time buyers. - read more
Buying a boat is a relatively large financial outlay and most people need to finance their purchase. If you’re in the market for a boat and plan to apply for a boat loan, there are a few things you should know if you want to get the best deal available. Here are our 7 tips for getting the best boat loan. - read more
Pre-approved boat financing is an initial green light from a lender indicating that you are eligible to borrow up to a certain amount of money for the purchase of a boat. This process involves a preliminary assessment of your creditworthiness, usually before you start shopping for your new vessel. - read more
Purchasing your dream boat brings with it a rush of excitement and a sense of freedom unparalleled by the confines of land. Whether you envision serene days sailing crystalline waters or action-packed fishing adventures, owning a boat provides an escape to a world of aquatic possibilities. As you prepare to navigate the open seas or tranquil lakes, it's crucial to consider not just the wind in your sails, but also the protection of your new vessel. - read more
Owning a boat brings unparalleled joy and freedom, whether you're cruising Sydney Harbour or exploring the Great Barrier Reef. However, like many rewarding pursuits, there is a financial side to consider. Understanding the true costs associated with boat ownership is crucial, allowing you to budget properly and enjoy your nautical adventures stress-free. - read more
Start Here
Quotes are offered free & without obligation. We respect your privacy.
Knowledgebase
Interest Coverage Ratio: A measure of a company's ability to make interest payments on its debt, calculated as EBIT divided by interest expense.