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Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025

Finance

17 October, 2024

Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025

Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth $600 million and marked the first ......

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SVC backs VC portfolio firm in second LP bet this year

Finance

16 October, 2024

SVC backs VC portfolio firm in second LP bet this year

Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its second ......

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Acumen gets LP cheque for Africa-focussed renewable energy fund

Finance

11 October, 2024

Acumen gets LP cheque for Africa-focussed renewable energy fund

US-based impact investor Acumen, which backs social enterprises serving low-income individuals in developing and ......

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Adenia set to tap largest North African market to deploy from Fund V

People

08 October, 2024

Adenia set to tap largest North African market to deploy from Fund V

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa and manages ......

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Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024

TMT

07 October, 2024

Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024

Fintech, which has emerged as one of the most funded sectors in the Middle East and North Africa region, will ......

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MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

TMT

04 October, 2024

MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

Saudi Arabian foodtech SaaS firm Al Menu led startup funding activities in the Middle East and North Africa region this ......

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Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

Finance

04 October, 2024

Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

XSML Capital, an Africa-focused Dutch private equity firm that manages assets worth over $150 million and marked the ......

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Africa-focused Acre Impact gets offshore LP for debut export finance fund

Finance

03 October, 2024

Africa-focused Acre Impact gets offshore LP for debut export finance fund

Acre Impact Capital, an Africa-focused private-debt impact investment manager that marked the first close of its debut ......

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French PE firm Amethis gets another US LP for pan-African fund

Finance

03 October, 2024

French PE firm Amethis gets another US LP for pan-African fund

Amethis, a French private equity firm that backs mid-sized businesses in Africa and Europe and manages a portfolio of ......

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LP Summit Dubai 2024: Digitalization to lead UAE's investment strategy, say panellists

General

03 October, 2024

LP Summit Dubai 2024: Digitalization to lead UAE's investment strategy, say panellists

Traditionally known for its oil sector, the UAE is now turning its focus towards manufacturing and technology, as the ......

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