Jada Fund of Funds, supported by Saudi Arabia’s Public Investment Fund (PIF), recently made a groundbreaking move by investing in a US-based fund that specializes in providing venture debt to tech and innovation entrepreneurs. This marks Jada’s inaugural foray into the venture debt arena and its second engagement within the realm of private credit.
Further solidifying its investment presence, this initiative also represents Jada’s second investment as a limited partner (LP) this year. The strategic decision serves as a testament to Jada’s expanding portfolio and its commitment to supporting entrepreneurial advancements in the technology sector.
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