Timeline
2018
2019
2020
2021
2022
2023
2024
2025
- Jada Fund of Funds established by the Public Investment Fund (PIF)
- Jada’s Chairman Mr. Mazen Aljubeir appointed
- Board of Directors meet for the first time
- Jada signed its first venture capital deal with BECO Capital
- Jada deploys its initial capital into two funds
- Appointment of Mr. Adel AlAteeq as Chief Executive Officer.
- Jada officially launched as a brand and fully operational organization.
- Jada launched the Emerging Manager Program and hosted its inaugural training session
- Jada announced its first private equity deal with Alpha Capital.
- Jada launched the first series of case studies in collaboration with several international academic institutions. These studies offered a detailed examination of the key advancements in the venture capital and private equity sector within the Kingdom and spotlighted several key success stories from recent years.
- Jada continued executing its investment strategy during the year, with new investments deployed across seven additional VCPE–focused funds in Saudi Arabia.
- Appointment of Mr. Bandr Alhomaly as Chief Executive Officer.
- Jada achieved exceptional performance in 2023 with a record commitment of SAR 1 billion across 10 funds.
- Jada launched a new investment strategy to expand its mandate, including investments in private debt funds in addition to venture capital and private equity funds.
- Jada achieved a record deployment of SAR 627 million in commitment the highest in Jada’s history.
- Publication of Jada’s first market research report, “VC Valuation in MENA: A Reality Check" to increase awareness within the private capital ecosystem.
- Jada signed a landmark partnership to host the globally renowned SuperReturn conference for the first time in Saudi Arabia.
- The executive management executed its 2023-2024 transformation program spanning six key pillars: work environment, organizational structure, operations, introduction of new investment strategies, human capital, and market development initiatives.
- Closed five new investments across VC, PE, and Private Debt, expanding the portfolio to 48 funds.
- Hosted the inaugural SuperReturn Saudi Arabia and the Kingdom’s first executive roundtable on Private Credit.
- Published five industry reports and executive interviews on secondaries and value creation.
- Facilitated bilateral meetings with UK and South Korean delegations and hosted a strategic partner reception at FII9.