ADIA completes purchase of DigitalBridge’s Landmark Dividend
A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has completed the acquisition of a 40% stake in DigitalBridge Group, Inc. (NYSE: DBRG) portfolio company Landmark Dividend LLC. The investment, previously announced on November 1, 2023, was completed alongside DigitalBridge-s...
April 09
IMAP takes on Haykala for Saudi Arabia M&A push
IMAP has enlisted Haykala as its exclusive M&A partner for Saudi Arabia as the group continues to pursue its investment strategies which encompass digital infrastructure real estate projects in the Kingdom. With headquarters in Riyadh and offices in Dammam, Haykala provides M&A, restructuring and turnaround, corporate finance, and IPO advisory. It also offers Outsou...
April 07
Saudi Arabia to create $40bn fund for Artificial Intelligence – reports
Saudi Arabia is planning the creation of a US$40 billion fund earmarked for investing in the rapidly-evolving field of Artificial Intelligence (AI). Saudi Arabia's economy has primarily been oil-dependent. However, in aligning with its Vision 2030 agenda - a strategic framework for diversifying its economy - the nation is making a daring and potentially lucrative move towar...
April 04
Jada Fund of Funds $1bn investment in venture debt for Saudi Arabia’s growing ecosystem
Jada Fund of Funds has announced its first investment in Venture Debt and second in the private credit space in Partners for Growth VII, managed by global private credit manager Partners for Growth, with SAR 3.75 billion (US$1 billion) in assets under management, to support the growth of the Venture Debt ecosystem in Saudi Arabia. The move will see Jada further focus on sma...
March 17
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