Jadwa Investment launches SAR 750 million private credit fund for GCC market

Jadwa’s new fund targets GCC private credit growth with first close over SAR 300m

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Nivetha Dayanand, Assistant Business Editor
The new fund aims to provide flexible financing to high-quality mid-market companies across the Gulf region, supporting growth while offering investors exposure to stable returns uncorrelated with public markets.
The new fund aims to provide flexible financing to high-quality mid-market companies across the Gulf region, supporting growth while offering investors exposure to stable returns uncorrelated with public markets.
Bloomberg

Dubai: Jadwa Investment has announced the launch of a new GCC-focused private credit fund targeting up to SAR 750 million ($200 million), marking a significant expansion of its alternative investment offering in the region. The fund, named Jadwa GCC Diversified Private Credit Fund, has successfully completed its first close at over SAR 300 million ($80 million) and has already deployed capital into two portfolio investments.

The Riyadh-based investment manager said it has partnered with regional fintech platforms Lendo and JeelPay for the fund’s initial investments, with two more transactions expected to close in the first half of 2026. The vehicle represents Jadwa’s first blind-pool regional private credit strategy, opening the door for institutional and private wealth investors to participate in the region’s fast-developing credit market.

Tariq Al‑Sudairy, Managing Director and CEO of Jadwa Investment, said the launch reflects rising interest among investors seeking diversified yield opportunities. “Private credit is increasingly becoming a strategic allocation for sophisticated investors globally. This fund reflects Jadwa’s ability to originate and execute attractive private credit opportunities, and our conviction in the asset class in light of Saudi Arabia and the wider GCC’s economic momentum and growing demand for credit,” he noted.

GCC firms gain financing alternatives

The new fund aims to provide flexible financing to high-quality mid-market companies across the Gulf region, supporting growth while offering investors exposure to stable returns uncorrelated with public markets.

“Our private credit platform is designed to support high-quality companies across multiple transactions, offering investors access to the growing private credit market in Saudi Arabia and across the GCC,” said Fidaa Haddad, Managing Director and Head of Private Credit at Jadwa Investment. “We are excited to announce our first investments and look forward to delivering strong and consistent outcomes for our investors."

Nivetha Dayanand
Nivetha DayanandAssistant Business Editor
Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.

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