Aliph Capital, the first woman-founded private equity firm in the Gulf, has closed its debut vehicle, Aliph Fund I, at $200m.

The Abu Dhabi-based firm will target growth investments in sectors powering the region’s economic transformation, despite raising 20% below its original target amid one of the toughest fundraising environments for private equity globally.

Founder and CEO Huda Al Lawati said the firm plans to invest in two new companies this year, deploying between $15m and $40m per deal. The fund is backed by prominent regional LPs, including Abu Dhabi’s ADQ, Saudi Arabia’s Jada (part of the Public Investment Fund), and Saudi Venture Capital.

Aliph Capital focuses on Gulf-based mid-market companies operating in infrastructure-related services, health care, education, and consumer sectors. Its strategy includes driving digital transformation and scale through hands-on operational support.

The firm has already made two platform investments: The Petshop, a fast-growing retail and veterinary services business in the UAE; and Sanipex Group, a supplier of premium interior and exterior fittings. Aliph has scaled The Petshop to 12 physical locations and introduced new services, while preparing Sanipex – where it holds a 25% stake – for future acquisitions and leadership transition.

Despite challenging macro conditions, Aliph’s close signals growing momentum for regionally focused funds and underscores a rising appetite for woman-led investment platforms in the Middle East.

Source: Semafor

If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com. 

Can`t stop reading? Read more.