Jada

Jada was created to promote the development of a thriving private equity and venture capital ecosystem, which could in turn finance the growth of small-and-medium enterprises in Saudi Arabia in a sustainable manner. Launched by a resolution of the Council of Ministers, Jada was established by the Public Investment Fund with an investment capital of SAR 4 billion (approximately USD 1 billion). The creation of Jada is a critical component of Saudi Arabia’s Vision 2030, the Kingdom’s comprehensive economic and social development plan. Jada seeks to partner with private equity and venture capital funds that are focused on the Saudi market and committed to international best practices in governance and fund management.