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.