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Jada invests in Growth Booster 1 Fund
Jada Fund of Funds, owned by the Saudi Public Investment Fund, announced its strategic commitment to supporting the "Mojaz Growth Fund 1," which aims to invest in high-growth mid-sized Saudi companies. The fund focuses on providing founding capital to boost company growth, improve governance practices, and develop operational capabilities, with the goal of enabling expansion and offering exit opportunities through initial public offerings or strategic transactions. With a targeted capital of 750 million SAR (approximately 200 million USD), Jada's support is part of broader efforts to develop the private equity ecosystem and cultivate a new generation of investment talent, in line with Saudi Vision 2030's objectives to diversify the economy.
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