alhadi

Alhadi Alwazir

Partner

More than US$2 billion deployed across life sciences, infrastructure and real estate — co-founder of one of the GCC's largest sponsor-backed specialty pharmaceutical platforms.

Alhadi is a Partner at Bio-nAbler and brings over two decades of alternative investment experience across private equity, real estate, infrastructure and credit. He has co-founded and built operating businesses, structured and closed more than US$2 billion of cross-border transactions, and served institutional capital providers including sovereign wealth funds, regional banks and public pension systems.

In 2020, Alhadi co-founded Kelix Bio with Hocine Sidi-Said, where he served as Chief Strategy Officer and Head of Corporate Development. He set the firm's strategic roadmap and led the corporate development function that deployed more than US$800 million across seven assets, building Kelix into the leading specialty biopharmaceutical platform in the GCC. Kelix was acquired by Mubadala in late 2024.

Prior to Kelix, Alhadi was a Partner at Eastgate Capital Group — the private equity and real estate subsidiary of National Commercial Bank — where he was employee number two. He led the firm's healthcare, infrastructure and real estate practice across both equity and credit, deploying nearly US$1.1 billion across eight transactions. Marquee deals include a US$350 million sovereign-backed real estate transaction for the Kuwait Investment Authority, four sale-leaseback transactions totaling US$265 million in equity, and the strategy and fund formation for a US$300 million opportunistic real estate fund anchored by the Saudi Public Investment Fund.

Earlier, Alhadi served at NCB's Capital Markets Group, structuring anchor commitments to general partners totaling US$250 million; and as a Director at Iron Gate Partners (Washington DC / London), where he managed private equity, fixed income, structured credit and real estate portfolios. He began his career as a financial engineer at Société Générale's Derivatives and Financial Products Group in New York and at Hughes-STX on NASA's Solar Maximum Mission at Goddard Space Flight Center.

Alhadi currently sits on the Board of Steward Asset Management, the New York-based alternatives manager spun out of the New York State Common Retirement Fund (US$200Bn AUM). He holds an MBA from Georgetown University's McDonough School of Business and a BSc (Summa Cum Laude, 4.0 GPA) in Aerospace Engineering from the University of Maryland, where he received the Robert Rivello Scholarship and the Academic Achievement Award.