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UAE's Beco Capital onboards Saudi LP for fourth fund

Finance

07 November, 2024

UAE's Beco Capital onboards Saudi LP for fourth fund

UAE-based venture capital firm Beco Capital, which backs early-stage tech startups in the Gulf region and manages assets worth around ......

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Ruya Partners aims final close of $250 mn private credit fund by December-end

Finance

05 November, 2024

Ruya Partners aims final close of $250 mn private credit fund by December-end

Ruya Partners, the Gulf region’s first partner-owned private credit firm, is eyeing a final close of its $250-million target fund ......

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African VC Janngo marks final close of second fund with oversubscription

Finance

04 November, 2024

African VC Janngo marks final close of second fund with oversubscription

Janngo Capital, a Francophone Africa-focused multi-stage venture capital firm that backs tech-based small and medium enterprises, marked the final close ......

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Turkish venture capital firm Revo gets a returning LP for third fund

Finance

30 October, 2024

Turkish venture capital firm Revo gets a returning LP for third fund

Revo Capital, a Turkey-focussed venture capital fund, which backs early-stage technology startups, is likely to secure an investment commitment from ......

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Jordan's ISSF strikes limited partner-style bet in Riyadh VC fund

Finance

24 October, 2024

Jordan's ISSF strikes limited partner-style bet in Riyadh VC fund

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) has struck its sixth limited partner-style bet this year, backing ......

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Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more

Finance

17 October, 2024

Adenia Partners' Schow on focus over sector, country diversification for fifth Africa fund and more

Mauritius-based private equity firm Adenia Partners, which traditionally makes control-styled bets on mid-market businesses in Africa, is now doubling down ......

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SVC backs VC portfolio firm in second LP bet this year

Finance

16 October, 2024

SVC backs VC portfolio firm in second LP bet this year

Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its second limited partner-style bet this ......

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Acumen gets LP cheque for Africa-focussed renewable energy fund

Finance

11 October, 2024

Acumen gets LP cheque for Africa-focussed renewable energy fund

US-based impact investor Acumen, which backs social enterprises serving low-income individuals in developing and underserved areas of Sub-Saharan Africa and ......

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Decentralising sustainable projects key to ensuring resilience: Panellists at LP Summit

Economy

04 October, 2024

Decentralising sustainable projects key to ensuring resilience: Panellists at LP Summit

Adopting a modular approach by breaking projects into smaller, flexible components developed gradually over time, can ensure resilience in the ......

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Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

Finance

04 October, 2024

Africa-focused Dutch PE firm XSML Capital taps another LP for fourth fund

XSML Capital, an Africa-focused Dutch private equity firm that manages assets worth over $150 million and marked the first close ......