gulf islamic investment (GII), a Shariah-compliant global alternative investment firm based in the United Arab Emirates and GII Debt Fund-I (GDF-I or Fund), a $100 million debt fund is launching.
GDF-I Focus on supporting high-growth companies in resilient sectors looking to expand in the GCC and internationally. These sectors include consumer, healthcare, education, logistics, technology and tech-enabled companies in the GCC region, as well as high-growth Indian companies.
Total VC fundraising activity will reach a record $2.6 billion in 2021 in the GCC region, with the UAE and KSA leading major reforms and policy innovations, creating growth opportunities for domestic and international businesses is bringing
Venture debt market underpermeated
Globally, venture debt is an important asset class for high-growth companies to support growth between two equity raises. Companies typically use capital for team building, working capital, and capital expenditures. In the US, the venture debt industry accounts for approximately 15-20% of venture capital investments over the long term. The market is not well penetrated in the GCC and India regions.
Mohammed Al HassanCo-Founder and Co-CEO of Gulf Islamic Investments, said:
We actively seek out companies that are backed by established venture capital investors and work with these companies to provide venture debt and build their businesses. It provides new opportunities to diversify across a variety of high-growth asset classes that deliver attractive returns.
Pankay GuptaCo-Founder and Co-CEO of Gulf Islam Investments added:
One of our principles is to provide diverse opportunities. GDF-I is committed to providing income and growth to investors by supporting high-growth companies reaching the next stage. It’s a true reflection of that, and the GII has developed a strong underwriting approach based on its experience working with high-growth companies in developed and emerging markets.”
Gulf Islamic Investments LLC is a Shariah compliant global alternative investment firm. In addition, assets under management exceed his $3 billion. GII aims to achieve superior and sustainable returns. We also seek long-term value for our investors and shareholders by investing in select growth and income opportunities. GII is Securities and Exchange Agency (SCA).
Francis Bignell