Global seed- and growth-stage venture capital investor Global Founders Capital has led a USD2 million seed investment in Tabby, a UAE-based consumer finance platform. Other participants in the round include venture capital fund managers Wamda Capital and Arbor Ventures. The company, which allows consumers to purchase goods online and pay… Read More
The private capital arm of Abu Dhabi state investor Mubadala Investment Company and venture capital firm Point72 Ventures have led a USD16 million Series B investment in Bayzat, a UAE-based human resources, payroll, and employee benefits platform. Other participants in the funding round include Saudi Arabia state-owned technology company Elm,… Read More
Impact investing is a powerful tool to eradicate poverty, promote economic development and address climate change. Equally, impact is now winning growing acceptance as an asset class among investors. However, many investment managers charged with a fiduciary duty to pension plans or other institutions continue to assume that impact is… Read More
Impact Investing is the act of investing with the intent to measurably contribute positive social, economic, and/or environmental impacts while still achieving financial returns. The underlying concepts to Impact Investing have been part of investment ethos for over one hundred years, and socially responsible investing for even longer. Socially responsible… Read More
Over a year has passed since the collapse of Abraaj Group (Company), which at its peak was among the world’s largest emerging markets-focused private equity firms with USD 13.6 billion under management. As of May 2019, entities and individuals had asserted losses of over USD 1 billion against the company,… Read More
The latest edition of EMPEA’s Legal and Regulatory Bulletin explores a range of issues impacting private investment across the world (particularly, Latin America, the Middle East, Africa, China, the EU, and the US) and the implications of those issues for practitioners. Bulletin contributions: When Does a Private Fund Manager’s “Fiduciary… Read More
MENA-focused venture capital fund manager Wamda Capital has led a Series A investment in UAE-based customer service software developer Ziwo. DTEC Ventures, the venture capital arm of co-working space and startup accelerator Dubai Technology Entrepreneur Campus, also participated in the funding round. Ziwo allows companies to set up customer contact… Read More
Venture capital fund managers Gobi Partners and Khwarizmi Ventures have led a pre-Series A investment in UAE-based online marketplace Melltoo. Other participants in the funding round include venture capital firm Shorooq Partners and angel investors such as Al Elm Company founder Dr. Khalid Al-Tawil. Khwarizmi Ventures is the corporate venture… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. The private capital space in the Middle East has undergone a transformation over the past decade. Traditional private equity activity has become relatively subdued as the industry continues a process of consolidation and… Read More
Download press release CHINA DECELERATION LEADS TO OVERALL SLOWDOWN IN EMERGING MARKET PRIVATE CAPITAL ACTIVITY Subdued investment in Asia’s largest market, as well as fewer large-cap pan-Asia funds raising capital, rein in total EM activity levels despite bright spots in other regions,… Read More
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