Asset management firm Janus Henderson announced the successful first close of its MENA Private Credit Fund IV, securing $125.5 million in investment commitments. The fund, which targets a final close of $300 million, is anchored by a group of prominent regional investors, including SIDF Investment Company, Abu Dhabi Catalyst Partners, and the Saudi Venture Capital Company (SVC).
Bridging a $250 Billion Funding Gap
The Sharia-compliant fund is strategically designed to address a significant financing gap for small and medium-sized enterprises (SMEs) across the Middle East and North Africa. This gap, estimated at approximately $250 billion, stems from the limitations of traditional bank lending in the region. The new fund will provide a crucial alternative source of capital for high-growth companies that are underserved by conventional financial institutions.
Sharia-Compliant Capital for Growth
MENA Private Credit Fund IV will offer flexible financing solutions tailored to the needs of regional SMEs, all in accordance with Islamic law. The capital will be deployed for various purposes, including funding growth initiatives, refinancing existing debt, executing capital restructuring, and financing acquisitions. The fund is targeting its second close by the end of 2025, with the final close anticipated by mid-2026.
A Track Record in Regional Alternative Finance
This vehicle marks the third direct Islamic finance fund managed by Janus Henderson’s Emerging Markets Private Investments unit. The launch further solidifies the firm’s position as a leading provider of alternative financing solutions in the MENA markets, connecting regional companies with vital growth capital.
About Janus Henderson
Janus Henderson is a global active asset manager dedicated to helping clients achieve their long-term financial goals. The firm provides a broad range of investment solutions, including equities, fixed income, quantitative equities, multi-asset, and alternative asset class strategies. Through its specialized units, it offers targeted investment vehicles for specific markets, such as the MENA-focused private credit funds.
Source: Jawlah
