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eWTP Arabia Capital’s Tech Fund I Tops Preqin VC League

In an exciting development, eWTP Arabia Capital Technology Fund I, managed by eWTP Arabia Capital, has been recognized as one of the top-performing VC funds by net Internal Rate of Return (IRR) in the US$250 Million to US$499 Million category for vintages between 2015-2020, according to the Preqin League Tables.

Jessica Wong, Founder and Managing Partner of eWTPA, expressed her delight at this achievement, emphasizing the commitment of the team and the robust investment strategy in the Middle East and North Africa market, particularly in Saudi Arabia. The fund’s success reflects the significant growth potential of the region and the pivotal role it plays in technological advancement.

Jerry Li, Founder and Managing Partner of eWTPA, highlighted the firm’s dedication to building the Saudi digital ecosystem and fostering innovation in the global emerging markets. eWTPA’s exceptional performance underscores its position as an industry leader, dedicated to generating returns for investors and identifying high-potential market opportunities.

The Preqin League Tables, compiled by leading data provider Preqin, are considered a comprehensive and authoritative ranking system for private equity and venture capital performance. Based on metrics like net IRR, these tables recognize firms like eWTPA for their strategic investing approach in high-growth sectors in the MENA region.

eWTPA’s success can be attributed to its diverse portfolio of companies making significant impacts in their industries. Acting as a bridge between Asia and the Middle East, eWTPA’s Technology Fund I has invested in over 18 companies, including successful ventures in Saudi Arabia such as J&T Express, Raha, Sahm, and COFE.

Founded in 2019, eWTP Arabia Capital is an investment firm based in Saudi Arabia and China, backed by regional and international investors. The firm focuses on creating strong digital ecosystems in the MENA region by partnering with leading international businesses.

For media inquiries, contact Haile Liao at +966 0530868568. Image: [link to eWTP_Preqin.jpg]

With a track record of success and a commitment to innovation, eWTP Arabia Capital continues to drive positive change in the global emerging markets landscape.

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