Aliph Capital Closes $200M Debut Fund to Back Gulf Growth

Aliph Capital is the first woman-founded private equity firm in the Gulf.

– The firm closed its debut fund, Aliph Fund I, at $200 million.

– This was 20% below its target, reflecting challenges in the global private equity environment.

– Aliph plans to invest in two additional companies this year.

– Key investors include Abu Dhabi’s ADQ, Saudi Arabia’s Jada Fund of Funds (PIF), and Saudi Venture Capital Investment Company.

– Investment targets are Gulf-based companies in infrastructure, healthcare, education, and consumer sectors.

– Aliph aims to provide growth capital and drive digitalization to improve scale and efficiency.

– Founder and CEO Huda Al-Lawati said: “We raised this fund during one of the hardest periods for private equity globally.”

– Current investments include The Petshop and SANIPEX GROUP, both UAE-based.

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