Riyadh – Sharikat Mubasher: Investcorp, the global alternative investment firm, announced the final close of its Golden Horizon Cooperation Fund, launched in partnership with China Investment Corporation (CIC), one of the world’s largest sovereign wealth funds.
According to the official press release, the platform attracted commitments from major institutional investors and limited partners, including Jada Fund of Funds (a subsidiary of Saudi Arabia’s Public Investment Fund), Saudi Venture Capital (SVC), Silk Road Fund, and Bank of China, among others from the GCC, Asia, and China.
Focused on high-growth sectors such as consumer, healthcare, transportation and logistics, and business services, the fund aims to accelerate cross-border investments and foster value creation between the GCC and China.
So far, the platform has completed three notable investments in the GCC: NourNet, a Saudi ICT services leader serving over 1,500 clients; Trukker, the region’s largest digital trucking aggregator; and Salla, Saudi Arabia’s top e-commerce SaaS platform, which has processed over $9 billion in online sales since 2020.
The fund represents a significant step in Investcorp’s strategy to deepen economic ties between the GCC and China, creating long-term opportunities for investors while strengthening commercial collaboration between the two regions.
