Saudi Venture Capital and Private Equity Association

The newly formed Saudi Arabia Venture Capital and Private Equity Association (SAVCPEA), an industry body representing the Kingdoms private equity and venture capital sector, plans on stimulating investment in Saudi by raising awareness and promoting more meaningful and significant partnerships between industry professionals. The SAVCPEA, created through a resolution made by the Saudi Council of Ministers, has been mandated to develop Saudi Arabias private equity and venture capital sector, ensuring the highest professional and ethical standards are adhered to. The organization will promote the industrys contribution to the growing Saudi economy, as well as its role in determining, and improving best-in-class regulatory policies. The new association aims to foster closer collaboration between innovative, high growth businesses and venture capital and private equity companies. The industry body and public policy advocate will play a major role in promoting interest and investment ...