SVC pledges major investment in Aliph Capital’s first fund
- Saudi Venture Capital (SVC) has invested in Aliph Fund I, a GCC-focused growth fund from Aliph Capital. The value remains unknown.
- Founded in 2021 by Huda Al-Lawati, Aliph Capital is a UAE-based private equity fund manager.
- Aliph Fund I is a $250 million target PE fund that invests in mid-market companies across Saudi Arabia and the GCC with an active ownership model focused on value creation and tech enablement.
Press release:
Saudi Venture Capital (SVC) announces an investment in Aliph Fund I, a GCC-focused growth fund from Aliph Capital, a GCC-based private equity fund manager.
Aliph Fund I invests in mid-market companies across Saudi Arabia and the GCC with an active ownership model focused on value creation and tech enablement.
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.”