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644 Korean sovereign wealth fund, KVIC, invests in Shorooq Partners

MENAbytes
Zubair Naeem Paracha @ MENAbytes · 06/21/2021 04:27 EDT

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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