Social Media

Tuesday, June 18, 2024

Top Performing VC Fund in Preqin: eWTP Arabia Capital’s Technology Fund I

eWTP Arabia Capital’s Technology Fund I has been recognized as one of the top-performing VC funds within the US$250 Million to US$499 Million category by net Internal Rate of Return (IRR) for vintages between 2015-2020, as listed in the Preqin League Tables. This acknowledgment highlights the dedication of eWTPA’s team and the strength of its investment strategy, emphasizing the growth potential of the Middle East and North Africa market with a focus on Saudi Arabia.

Jessica Wong, the Founder and Managing Partner of eWTPA, expressed delight at this achievement, stating that it underscores the firm’s commitment to empowering entrepreneurs and delivering value to investors. Additionally, Jerry Li, also a Founder and Managing Partner of eWTPA, highlighted the importance of Preqin’s recognition in validating the firm’s efforts in supporting the Saudi digital ecosystem and fostering innovation within the region and beyond.

By securing a position among industry leaders, eWTPA demonstrates its strategic approach to identifying high-potential opportunities in the MENA region. The firm’s success is attributed to its diverse portfolio of companies poised to make a significant impact in their respective industries, acting as a bridge between Asia and the Middle East. eWTPA’s Technology Fund I, established in 2019, has made successful investments in companies such as J&T Express, Raha, Sahm, and COFE, contributing to the growth and development of the Saudi digital landscape.

Founded in 2019, eWTP Arabia Capital is an investment firm based in Saudi Arabia and China, supported by prominent regional and international investors. The firm focuses on creating robust digital ecosystems in the MENA region by partnering with leading international businesses, facilitating their entry and establishment in the local market. With investments in over 18 companies, eWTPA has already seen 13 of them successfully establish themselves in Saudi Arabia, highlighting its commitment to driving positive change and innovation in the global emerging markets ecosystem.

As a pivotal player in the venture capital and private equity landscape, eWTPA’s recognition in the Preqin League Tables reaffirms its position as a key contributor to the growth and development of the MENA region. Leveraging its industry expertise and strategic investments, the firm continues to drive value for its investors while supporting entrepreneurship and innovation in Saudi Arabia, the GCC, and beyond. For media inquiries or further information, please contact Haile Liao at +966 0530868568.

[Image source: eWTP Arabia Capital – https://mma.prnewswire.com/media/2416426/eWTP_Preqin.jpg?p=original%5D

Source link



Leave a Reply

Your email address will not be published. Required fields are marked *

Featured Franchise Opportunity

Buffalo Wild Wings Go

Food Franchises, Restaurant Franchises

MilliCare Franchise

Cleaning Franchises, Low Cost Franchises

1515 Mockingbird Lane, Suite 410

Website