Saudi Venture Capital (SVC) has invested in Jadwa Investment’s flagship private credit fund, strengthening efforts to expand financing opportunities for small and medium-sized enterprises (SMEs) in Saudi Arabia and the wider region, as the fund’s investment commitments have surpassed SAR 400 million across five investments.
Managed by Jadwa Investment, the fund provides Shariah-compliant financing solutions to companies, with a primary focus on Saudi Arabia. It has committed more than SAR 400 million across five investments to date, with a sixth investment expected to be completed in the fourth quarter of 2026. The value of SVC’s individual commitment was not disclosed.
SVC CEO and Board Member Nora M. Alsarhan said the investment reflects the company’s commitment to broadening access to financing for Saudi SMEs and strengthening the Kingdom’s private capital ecosystem. She highlighted the role private credit can play in meeting the financing requirements of growth-oriented businesses through flexible funding structures tailored to their needs.
Alsarhan added that the partnership with Jadwa Investment is intended to support the development of private credit as an asset class and stimulate sustainable financing for promising Saudi companies, in line with Saudi Vision 2030.
For Jadwa Investment, the partnership brings SVC into its flagship private credit vehicle, reinforcing the firm’s strategy of providing investment opportunities to institutional and private wealth clients. Jadwa Investment Managing Director and CEO Tariq Al-Sudairy said the partnership reflects the firm’s commitment to developing distinctive investment offerings, supported by its regional presence and expertise across private capital markets.
The investment follows Jadwa Investment’s launch of the Jadwa GCC Diversified Private Credit Fund in January 2026, with a target size of up to SAR 750 million (approximately $200 million). At its first close, the fund secured more than SAR 300 million (approximately $80 million) and had already deployed capital into two investments through partnerships with regional fintech platforms Lendo and JeelPay, according to Jadwa Investment’s launch announcement.
The fund’s expansion comes as private credit gains a more prominent role in the regional financing landscape, providing an alternative source of capital for businesses beyond traditional bank lending. Its Shariah-compliant structure and regional investment mandate position it to serve companies seeking financing while offering institutional and private wealth investors exposure to private credit opportunities across the Gulf.
SVC, established in 2018, is a subsidiary of the SME Bank and operates within the National Development Fund (NDF) ecosystem in Saudi Arabia. The company aims to stimulate and sustain financing for startups and SMEs through investments in funds and direct investments in businesses, covering stages from Pre-Seed to Pre-IPO.
Jadwa Investment is a Saudi-based investment management and advisory firm headquartered in Riyadh, with operations spanning several asset classes, including private equity, private credit, public equities, real estate, and fixed income.