SHUAA Capital appointed as advisor to 500 Startups’ Falcons 1 fund

SourceSaudi Gazette
SectorFinancial Markets
CountryUnited Arab Emirates

DUBAI — SHUAA Capital, an asset management and investment banking platform in the region, has been appointed by 500 Startups, the most active early stage venture capital firm globally, as Advisor to its Falcon 1 fund in MENA (500 Falcons, LP).SHUAA will be represented by its Chief Executive Officer, Jassim Alseddiqi, said a press statement issued on Sunday.SHUAA, under Jassim's leadership, will focus its support on advising 500 Startups’ Falcons I portfolio companies in financing and exit strategies, as the firm’s MENA fund nears the end of its deployment.Commenting on the announcement, Alseddiqi said, more...