Private Equity

Middle East

Fifth Wall hires Kirdar as capital formation MD

Fifth Wall, a venture capital firm focused on proptech and real estate decarbonization, has named Fethi Kirdar as managing director of capital formation.

1 min read · 14 February 2023

DOWNLOAD: Global fundraising hits second-highest level, and VCs are eyeing $259bn more

Global VC fundraising finally came back to earth in 2022 as firms worldwide closed on funds totaling $165.9bn, down about 8% from their record haul of $179.7bn in 2021.

2 min read · 13 February 2023

Ex-Carlyle exec nears first close on $500m deep tech fund

Pierre Mauriès, a former executive with The Carlyle Group and the Private Equity Technology practice director at PwC, is nearing a first close on a $500m fund for Nemesis Technologies.

3 min read · 19 January 2023

Fintech-focused Quona Capital raises $332m for third fund

Quona Capital, which invests in fintech companies targeting underserved consumers and businesses mostly outside the US, has closed its third fund at $332m, beating its $250m target.

1 min read · 09 November 2022

Saudi Aramco adds $1.5bn vehicle to lengthy list of climate funds

Gas company Saudi Aramco has unveiled a $1.5bn fund focused on energy transition. It will be managed by Aramco Ventures, the company's venture capital arm.

2 min read · 27 October 2022

Seedstars holds first close on emerging market fund

The fund's target is $30 million.

2 min read · 25 July 2022

UAE-based crypto investor Cypher raises $100m for first fund

The Dubai-based venture capital fund will focus on blockchain companies in the United Arab Emirates and the wider Middle East.

2 min read · 23 March 2022

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