Saudi Venture Capital (SVC) has announced its investment in Aliph Fund I, a $250 million private equity fund managed by Aliph Capital. The fund focuses on mid-market companies across Saudi Arabia and the GCC and operates with an active ownership model aimed at creating value and driving digital transformation in targeted businesses.
This follows previous investments in Aliph Capital, including $125 million from ADQ in 2022 and a major contribution from Jada Fund of Funds, a Public Investment Fund (PIF) company, in 2023.
“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,” said Dr Nabeel Koshak, CEO and Board Member at SVC.
“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 digitisation and technology enablement,” stated Huda Al-Lawati, Founder and CEO of Aliph Capital.
This investment aligns with SVC’s broader mandate to enhance the Saudi economy by supporting funds that target high-growth potential businesses, particularly in the SME sector.
