Jada Fund of Funds $1bn investment in venture debt for Saudi Arabia's growing ecosystem

As of March 2024, Jada has invested in 39 funds, with SAR 3.5 billion committed, and has supported the creation of around 12,000 jobs in Saudi Arabia

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

March 17, 2024 | 11:37 PM GMT

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.

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João Marques Lima

Founder and Editor, The Tech Capital

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