The CMA-licensed firm Afaq Capital has announced its full acquisition of a venture capital investment portfolio, in a landmark transaction executed in collaboration with the advisory firm Cotyledon. The deal is being described as the first of its kind in the region, representing a fully structured entry and exit of a complete VC portfolio.
A New Milestone for the Local Investment Scene
This transaction marks a significant shift in the local investment landscape. According to statements from Hassan Ikram, Founder and CEO of Cotyledon, this deal represents a “real exit in a sector that has long been associated with distant liquidity prospects.” The acquisition is seen as a pivotal moment that contributes to mobilizing capital into new cycles, reflecting a tangible change in the structure of the Kingdom’s investment ecosystem.
A Strategic Move by Afaq Capital
For the Saudi firm Afaq Capital, this acquisition is a strategic move to deepen its involvement in the venture capital space. By acquiring a full portfolio, the company gains immediate and diversified exposure to a range of high-potential startups, positioning it as a key player in the Kingdom’s rapidly maturing innovation economy.
About the Partners
- Afaq Capital: A Saudi financial company licensed by the Capital Market Authority (CMA), focused on investment and financial services within the Kingdom.
- Cotyledon: A management consulting firm that played a key advisory role in structuring and executing this first-of-its-kind transaction.
Looking Ahead
This unique deal sets a new precedent for the venture capital industry in Saudi Arabia and the wider MENA region. It demonstrates a new level of maturity in the market, where entire portfolios can be traded in a structured, institutional manner. This could encourage more liquidity and create new, innovative pathways for both investors and startups in the future.
Source: Jawlah
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