Saudi Arabia's Jada backs US fund in maiden venture debt LP bet
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Saudi Arabia's Jada backs US fund in maiden venture debt LP bet

By Dilasha Seth

  • 12 Mar 2024
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Saudi Arabia's Jada backs US fund in maiden venture debt LP bet
Bandr Mohammed Alhomaly, CEO, Jada FoF

Saudi Arabia’s Public Investment Fund (PIF)-backed Jada Fund of Funds struck its first venture debt investment, its second one in the private credit space, in a US-based fund that offers specialised debt solutions for entrepreneurs in the tech and innovation space.  It is also Jada’s second limited partner-style bet this year. ......

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