Riyad Taqnia Fund

The Riyad Taqnia Fund (RTF) is a venture capital fund between two entities: Riyad Capital, the investment arm of Riyad Bank; and TAQNIA, which will act as Technical Advisor to Riyad Capital.

 

The involvement of both entities allows portfolio companies to benefit from each investor’s strengths and unique characteristics:

 

 

Riyad Capital

With Riyad Capital’s international footprint, portfolio companies have access to financial services and solutions, including financial advisory, arranging, custody, dealing and asset management. These tasks are carried out by RTF’s Investment Team and Investment Committee, both of which are made up of a diversified group of professionals who together comprise significant international technology and investing experience.

 


INVESTMENT TEAM:

 

Adel Ibrahim Al Ateeq

Patrick Suel

Chris Tubis

Dr. Hamid Torabi

Dr. Hani Enaya

Yousef al Yousefi

Mohammed al-Athel

Ivo Detelinov

Mohammed al Mubarak

and as an advisor

Richard Delaney 

INVESTMENT COMMITTEE:

 

Mr. Adel Ibrahim Al Ateeq

Mr. Yousef Al Yousefi

Mr. Ivo Detelinov

Prof. Jerome S. Engel

Ms. Nazo Moosa

Dr. Wilmer Bottoms

Mr. Matt Theall

 



Taqnia

Having TAQNIA as a Technical Advisor to RTF opens doors for RTF portfolio companies in terms of business development, as TAQNIA has several joint projects and strong ties with many state-owned companies in the Kingdom of Saudi Arabia.

 

TAQNIA may also facilitate exist opportunities for RTF portfolio businesses or partner with TAQNIA Industries for a potential strategic exit.  Many Saudi Arabian companies seek growth opportunities through mergers and acquisitions, which again could be a potential strategic exit for an RTF portfolio company. 



Riyad Taqnia Fund Focus:

Information and Communication Technology (ICT)

 

Energy and Sustainability

 

Advanced Materials 

RTF strategically focuses on addressing the technology investment landscape in the MENA region by providing the following:

 

Access to technical expertise

 Availability of funding 

 Integration with large global markets 

 Provision of multiple business development and unique exit opportunities 

 Effective collaboration with the Saudi Arabian private sector 





IN THE MIDST OF A GLOBALIZED WORLD, IT IS IMPERATIVE TECHNOLOGY COMPANIES EXPAND BEYOND THEIR GEOGRAPHY OF ORIGIN IN ORDER TO ACHIEVE SIGNIFICANT COMPETITIVE ADVANTAGES. WITH RTF’S INTERNATIONAL PRESENCE, PORTFOLIO COMPANIES ARE ABLE TO TAP INTO RTF’S GLOBAL NETWORK.