Jada Fund of Funds marked the conclusion of the inaugural SuperReturn Saudi Arabia conference in Riyadh on January 27 and 28, reinforcing the Kingdom’s position as a leading regional and global hub for investment.
Bringing together over 1,000 industry leaders, asset managers, and policymakers from more than 50 countries, SuperReturn Saudi Arabia provided a platform to engage with the Kingdom’s thriving private capital ecosystem.
In his welcome remarks, Managing Director and CEO of Jada Fund of Funds Bandr Alhomaly emphasized the importance of the conference in facilitating the needed partnerships to capture the untapped opportunities in Saudi Arabia's private capital ecosystem and said: "We are proud to sponsor such a global event, providing a well-recognized platform for GPs and LPs to build meaningful, long-term partnerships that foster the growth of promising sectors, contributing to economic diversification and the realization of Saudi Vision 2030."
He continued: "We have all the reason to be optimistic about the trajectory of the private investment environment in the Kingdom, particularly given the strong domestic demand, the progress achieved through economic transformation, and the availability of growth capital."
Chairman of Jada Fund of Funds Omar Al-Madhi added: ” Since its establishment in 2018, Jada has partnered with over 40 funds, through which it has invested in more than 600 SMEs. These efforts have supported the creation of over 14,000 local jobs and the training of over 600 fund managers and investment professionals."