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:
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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.