Abu Dhabi, UAE–Aliph Capital Monday said it has secured a $125 million investment for its maiden fund, Aliph Fund I (LP), from ADQ, an Abu Dhabi-based investment and holding company.
Based in Abu Dhabi Global Market (ADGM), Aliph Capital is an alternative investment management firm focused on private equity investing.
Aliph Fund I (LP) is a $250 million target private equity fund domiciled in ADGM aiming to invest in high-quality mid-sized companies in the UAE and across the GCC to accelerate their expansion and growth trajectory.
Aliph Capital will seek to acquire sizeable, active positions in privately owned mid-market companies across the GCC that possess robust business fundamentals, the company said.
Huda Al-Lawati, Founder and CEO of Aliph Capital, said, “The timing of the investment is perfect for GCC-based private equity to invest in the region’s midmarket growth stars, who – when fully equipped with digital and tech enablement levers – will generate significant returns and power the ongoing diversification and transformation of the GCC economy.”
Aliph Capital was launched last year by Huda Al-Lawati to take up private equity opportunities in the UAE and Gulf markets.