Korean sovereign wealth fund, KVIC, invests in Shorooq Partners
- Date: 22-Jun-2021
- Source: MENAbytes
- Sector:Financial Markets
- Country:UAE
Korean sovereign wealth fund, KVIC, invests in Shorooq Partners
Korean Venture Investment Company (KVIC), a South Korea government-backed fund of funds, has committed to invest in Abu Dhabi-based early-stage VC Shorooq Partners' Bedaya Fund, the VC firm announced today, saying that it is the first Middle Eastern fund to have received a commitment from KVIC since its inception in 2000. Shorooq did not disclose [“¦]
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