Patient equity for mixed-use mega-projects
Why the capital structures behind integrated districts ask for a different kind of patience — and what that implies for tranche design.
Read the note →Independent Capital Advisory · Riyadh
The independent capital advisory practice of Ayman — working by mandate alongside a small number of prominent investors and sponsors shaping the Kingdom's real estate and mining future, with a focus on durable outcomes and sound capital structures.
The Practice
Two perspectives. One strategy. Patient counsel for the Kingdom's most significant capital.
KemetGemini is the independent capital advisory practice of Ayman. The practice works with a deliberately small number of prominent investors, sponsors, and family offices active in Saudi Arabia's real estate and mining sectors — shaping capital strategies, capital structures, and the design of private-equity vehicles, framed to the Kingdom's Vision 2030 priorities.
The work is boutique by intent. Every engagement is led personally, agreed bilaterally by written mandate, and stewarded over the long horizon that mixed-use mega-developments and mineral-sector platforms genuinely require.
Sectors
The practice concentrates where the Kingdom's capital agenda is most active and where structuring discipline matters most.
Advisory support to sponsors of mixed-use master communities and large-scale residential and integrated-district platforms — from capital strategy through to vehicle design.
Advisory support across exploration-stage and operating mineral assets and downstream integration — informed by the sector's role as a pillar of national industrial growth.
Approach
Four movements, applied to every mandate — unhurried, structured, and accountable through deployment.
Understand the sponsor's capital story, stakeholders, constraints, and timing before any structure is proposed.
Design the appropriate capital vehicle and align it, where relevant, with public development fund counterparties.
Confirm coherence with Vision 2030 priorities, governance posture, and a clear-eyed view of risk.
Stay engaged through deployment and the key inflection points that decide a platform's trajectory.
Engagement Model
What the practice does, and — with equal precision — what it does not.
Engagements are advisory and bilateral, conducted under separate written mandate. This site is informational only and is not an offer, solicitation, or advice in respect of any security or financial instrument.
Perspectives
Considered notes on structure, governance, and the long horizon — written for a sophisticated reader.
Why the capital structures behind integrated districts ask for a different kind of patience — and what that implies for tranche design.
Read the note →What the Kingdom's industrial agenda means for the way private capital approaches long-cycle mineral platforms.
Read the note →Governance lessons from structuring private vehicles that sit beside public development fund counterparties.
Read the note →Enquire
The practice takes on a limited number of mandates. If your work intersects with capital strategy in Saudi real estate or mining, you are welcome to make contact. Correspondence is treated as confidential.
Thank you. Your enquiry has been noted — the practice will respond directly.