GDF-I will focus on supporting high-growth companies in resilient sectors looking to expand in the GCC and internationally. These sectors include consumer, healthcare, education, logistics, technology, and technology-enabled businesses in the GCC region and high-growth Indian companies.
Total VC funding activity reached record level of $2.6billion in 2021 in GCC region with UAE and KSA leading with major reforms and policy innovations presenting growth opportunities for homegrown and international businesses.
Globally, venture debt is an important asset class for high-growth companies to support the growth between two equity raises. Companies typically use the capital for team building, working capital, and capex investments. In US, the venture debt industry is c.15-20 per cent of venture capital investments over long term. The market is underpenetrated in GCC and India region.
Mohammed Al Hassan, co-founder and co-CEO of Gulf Islamic Investments, said:
“We actively seek companies that are backed by established venture capital investors and work with these companies to provide venture debt and build the business. Furthermore, this presents a new opportunity for our investors to diversify in different high-growth asset classes with attractive returns.”
Pankaj Gupta, co-founder and co-CEO of Gulf Islamic Investment, added:
“One of our principles is to provide diverse opportunities and GDF-I truly reflects that as it provides income and growth to our investors by supporting high growth companies reaching the next stage. Also, the GII has developed a robust underwriting approach based on our experience working with high-growth companies across developed and emerging markets.”
Gulf Islamic Investments LLC is a Shariah compliant global alternative investment company. Additionally, it has over $3billion of assets under management. GII seeks to achieve superior and sustainable returns. It also seeks long-term value for its investors and shareholders, by investing in curated growth and income opportunities. GII is regulated by the Securities and Commodities Authority (SCA).