Jadwa Investment Launches $200M GCC Private Credit Fund

Jadwa Investment has launched the Jadwa GCC Diversified Private Credit Fund, targeting up to SR 750 million as demand for non-bank credit continues to grow across Saudi Arabia and the Gulf. The Riyadh-headquartered investment management and advisory firm said the fund has reached a first close at more than SR 300 million.

Capital from the fund has already been deployed into two partnerships with regional fintech platforms Lendo and JeelPay. Two additional investments are expected to reach completion in the first half of 2026, according to the firm.

The new vehicle represents Jadwa’s first blind-pool regional private credit fund, following a series of deal-specific private credit funds. The structure is designed to give institutional investors and private wealth clients diversified exposure to private credit opportunities across the GCC, rather than allocating capital on a transaction-by-transaction basis.

Jadwa’s private credit strategy focuses on supporting high-quality companies through structured financing solutions, reflecting broader regional trends as businesses seek alternatives to traditional bank lending. The fund is positioned to benefit from economic expansion in Saudi Arabia and neighbouring Gulf markets, where demand for flexible credit continues to rise.

Jadwa Investment manages more than SR 110 billion in client assets across public equities, private equity, real estate, private credit, fixed income and money market investments. The firm is licensed by Saudi Arabia’s Capital Market Authority as a capital market institution.