Saudi Arabia’s Jadwa Investment Co. is reportedly seeking to raise roughly $200 million for its flagship private credit vehicle, seeking to capitalize on growing demand for alternative financing across the Gulf.
The Riyadh-based firm has already secured $80 million and anticipates closing the remaining funds by late 2026, drawing commitments from sovereign wealth and pension funds, Bloomberg reported, citing Fidaa Haddad, managing director and head of private credit at Jadwa.
The fund, structured as a blind pool targeting opportunities across the region, has deployed capital in its first two deals with Saudi fintech startups Lendo and JeelPay, according to the report. Jadwa is also reportedly preparing to finalize two additional investments in the first half of the year.
