The GCC-based private equity fund manager Aliph Capital has announced an investment in Aliph Fund I, a growth fund with a GCC focus, from Saudi Venture Capital (SVC).
The Aliph Fund With an active ownership model centered on value creation and tech enablement, I invest in mid-market businesses throughout Saudi Arabia and the GCC.
Dr. Nabeel Koshak, CEO and Board Member at SVC, commented: “Our investment in the private equity fund by Aliph Capital is part of SVC’s Investment in Funds Program, in alignment with our strategy to support funds that invest in Saudi-based SMEs with growth potential.”
Huda Al-Lawati, Founder and CEO at Aliph Capital, said, “We are honoured to welcome SVC as an investor in Aliph Fund I. The GCC’s SMEs represent fantastic opportunities to create investor value and drive economic growth, particularly when supported by active, hands-on management with a clear strategy of digitisation and technology enablement.”
