Riyadh, Saudi Arabia – 4 December 2024: 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 honored 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 digitization and technology enablement.”
