Startups

Saudi Venture Capital (SVC) Invests in Aliph Capital’s Private Equity Fund

Riyadh, Saudi Arabia – December 4, 2024: Saudi Venture Capital (SVC) has announced its investment in the Aliph Fund I, a private equity fund managed by Aliph Capital, an investment management firm specializing in private equity and headquartered in the Gulf region.

The Aliph Fund I focuses on investing in mid-sized companies in Saudi Arabia and the GCC region, employing an active ownership model to foster growth, create added value, and enable technology-driven transformation.

Dr. Nabeel Koshak, CEO and Board Member of SVC, stated:
“Our investment in Aliph Capital’s private equity fund is part of our commitment to the Fund of Funds Program, aligned with our strategy to support funds investing in high-growth potential Saudi companies.”

Huda Al Lawati, Founder and CEO of Aliph Capital, commented:
“We are honored to welcome SVC as a partner in Aliph Fund I. SMEs in the GCC region present outstanding opportunities for value creation and economic growth, especially when supported by active management and a clear strategy for digital transformation and technological enablement.”

العربية (Arabic) To read the article in Arabic, click here

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