Aditum Venture Capital Fund
Invests in early-stage technology companies in fintech and B2B software across the MENA Region. We partner with strong founding teams seeking to disrupt large industries.
| Fund Information | |
|---|---|
Domicile | Luxembourg |
Investment Manager | Aditum Investment Management Limited |
Fund Administrator | Apex Fund Services Ltd. |
Auditor | KPMG |
Fund Type | Alternative Investment Fund |
Structure | SICAV – RAIF |
Currency | USD |
Inception Date | May, 2021 |
Minimum Capital Commitment | $1,000,000 |
Middle East & North Africa (MENA)
Rest of the World
We invest in bold founders building enduring business that solve challenging problems in big markets. We support founders with domain expertise, fundraising assistance and introductions to our network.
Investment Strategy
The Investment Strategy is based on three central pillars:
Sector
We are sector specialized with a focus on financial technology and B2B software, leveraging domain expertise within the investment team and broader Aditum firm.
Geography
We focus on investments in the Middle East and North Africa where we can help leverage our network and market expertise to support founders.
Stage
We invest from Pre-seed stage to Series A seeking ownership stakes of 5% to 15%. 50% of our capital is reserved to provide follow on capital in later rounds.
Jemma Stuart
Client Services Associate
Jemma Stuart joined Aditum in February 2024, becoming part of the marketing team as a Client Services Associate. Ms. Stuart has relationship management experience in financial services in the UK, particularly within the trading industry, and also real estate. Ms. Stuart holds a BSc in Psychology from University of Nottingham, United Kingdom.
Bejin Thomas
Venture Capital Investment Analyst
Bejin Thomas joined Aditum in 2022 bringing with him over 5 years of investment experience. Prior to joining Aditum, Mr. Thomas held an internship at Shorooq Partners assisting in investing and fundraising activities of their venture debt fund. Since graduating in 2017, he spent four years as an analyst at various funds in India, focusing on the startup ecosystem, which included 18 months at Equanimity Investments, a Venture Capital Fund backed by Dr. Mark Mobius, investing in early-stage tech businesses across India. Mr. Thomas holds a Bachelor of Commerce in accounting and finance.
| Fund Information | |
|---|---|
Domicile | Luxembourg |
Investment Manager | Aditum Investment Management Limited |
Fund Administrator | Apex Fund Services Ltd. |
Auditor | KPMG |
Fund Type | Alternative Investment Fund |
Structure | SICAV – RAIF |
Currency | USD |
Inception Date | May, 2021 |
Minimum Capital Commitment | $1,000,000 |
Middle East & North Africa (MENA)
Rest of the World
We invest in bold founders building enduring business that solve challenging problems in big markets. We support founders with domain expertise, fundraising assistance and introductions to our network.
Investment Strategy
The Investment Strategy is based on three central pillars:
Sector
We are sector specialized with a focus on financial technology and B2B software, leveraging domain expertise within the investment team and broader Aditum firm.
Geography
We focus on investments in the Middle East and North Africa where we can help leverage our network and market expertise to support founders.
Stage
We invest from Pre-seed stage to Series A seeking ownership stakes of 5% to 15%. 50% of our capital is reserved to provide follow on capital in later rounds.
Manoj Mahadev
Head of Investments
Manoj Mahadev joined Aditum in November 2020 and is a seasoned portfolio manager with over two decades of experience spanning global markets, Mr. Mahadev has held a number of senior positions during his career, recently Senior Dealer in the Treasury division of RAK Bank as well as Head of Marketable Securities at Arab Banking Corporation where he played a major role in the set-up of the DCM business. He also spent 8 years at Emirates NBD as Head of Trading.
Omer Chowdhry
Head of Fixed Income and Multi-Asset Strategies
Omer Chowdhry is an experienced portfolio manager with over 16 years of portfolio management and trading experience, with considerable expertise covering Global Fixed Income Markets and Equities. Prior to joining Aditum in April 2021, Mr. Chowdhry spent 5 years at Union National Bank as AVP and Manager in their Treasury and Investment Department. He also spent 5 years as Senior Equity Trader at T3 Trading Group, New York.
Mr. Chowdhry holds a BSc Mathematics from University of Michigan at Ann Arbor and MBA from Cornell University.
Mir Muntasir
PORTFOLIO MANAGER
Mir Muntasir joined Aditum in June 2023. Mr. Muntasir has been managing investments for almost 8 years within fixed income, private debt, and alternative credit investments.
Prior to joining Aditum, Mr. Muntasir worked with Emirates NBD Asset Management as an analyst in multi-asset and fixed income for 4 years and spent almost 2 years with Abu Dhabi Capital Group managing distressed credit and alternative credit investments. Mr. Muntasir managed the fixed income funds and private credit investments for Daman Investments for 18 months.
Mr. Muntasir holds a MSc. Finance from University of Stirling and a BA Economics & Finance from the University of Nottingham.
Sonali Goila
Head of Desk, Venture Capital
Ms. Goila is a full-cycle, multi-stage investor, operator and business-builder with over 18 years of experience across emerging markets including the Middle East, North Africa, Southeast Asia and India. Through her various roles, Ms. Goila has been an investor across multiple alternative asset classes over the past 18 years – Venture Capital, Private Equity and Derivatives of Fixed Income, Currencies, Commodities and Credit. Her experience has spanned all stages of investing from early-stage VC to late-stage PE buyouts, cross-asset portfolio building and management, capital structure modelling and financing for infrastructure projects, as well as business building in early-stage startups, and operational value-creation/turnarounds in growth stage business models. Ms. Goila has also directly managed portfolios of various family offices, out of which two have been of UAE Royal Family investors.
Ms. Goila was one of the pioneers of the Singapore startup ecosystem – having led and fostered some of the first few entrepreneurial ties for Singapore Universities with the Silicon Valley, founded and served on the Board of ASES Stanford’s Singapore Chapter, and co-founded a startup with this community in Singapore. Ms. Goila has an MBA (triple-major) from The Wharton School (UPenn), and a Bachelor’s in Computer Engineering from Nanyang Technological University (NTU) Singapore.
Bejin Thomas
Venture Capital Investment Analyst
Bejin Thomas joined Aditum in 2022 bringing with him over 5 years of investment experience. Prior to joining Aditum, Mr. Thomas held an internship at Shorooq Partners assisting in investing and fundraising activities of their venture debt fund. Since graduating in 2017, he spent four years as an analyst at various funds in India, focusing on the startup ecosystem, which included 18 months at Equanimity Investments, a Venture Capital Fund backed by Dr. Mark Mobius, investing in early-stage tech businesses across India. Mr. Thomas holds a Bachelor of Commerce in accounting and finance.
Mazin Abbas
Venture Capital Investment Analyst
Mazin Abbas joined Aditum in August 2023 bringing with him over 4 years of investment experience. Prior to joining Aditum, Mr. Abbas was an investment professional at Foundation Ventures, an Egypt-based early-stage venture capital fund and a sister fund of US-based HOF Capital, investing across the MENA region. Since graduating in 2019, he has worked in the private equity space focusing on investments in healthcare as well as gaining hands-on experience scaling an F&B startup in the United States. Mr. Abbas holds a BSc in Finance from the University of Tampa in Florida.
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Disclaimer
This material is communicated by Aditum Investment Management Limited “Aditum”. This information has been provided in good faith and from sources believed to be reliable, but no guarantee is given as to its accuracy. The opinions expressed in this document are not intended to serve as investment advice or solicitation and should not be used in substitution for the exercise of own judgment. The information, including expression of opinion, has been obtained from or is based upon sources believed to be reliable, fair and not misleading. Any opinion or estimate contained in this material is subject to change without notice.
The information contained in this document does not constitute an investment advice, a recommendation or offer to buy or sell or subscribe to any specific investment and does not have any regard to the specific investment objectives, financial situation or the particular needs of any person and is provided for information purposes only. Potential investors are reminded to seek professional advice before investing. The tax legislation applying to the Fund’s relevant place of domicile may have an impact on the prospective investor’s personal tax position.
Investment involves risk and prospective investors should be aware that investment in the Fund carries a significant degree of risk. Risks involved in any asset class may include, but are not necessarily limited to, market risks, credit risks, currency risk, political risks, geographical and economic risks therefore investment as well as performance would be exposed to variations and the investment may increase or decrease in value. Certain investments may be speculative and considerably more volatile than other investments. Further, changes in applicable laws, regulations, or tax regimes could adversely affect the performance of the fund or its underlying investments.
This document may include figures relating to simulated past performance. Past performance, simulations and performance forecasts are not reliable indicators of future results and are not a guarantee of future returns, meaning investors may get back less than the amount originally invested.
As Aditum may from time to time invest in its managed funds, potential conflicts of interest may arise. They are addressed in a manner consistent with established policies and procedures to manage such conflicts, ensuing fair treatment of all investors.
As a general rule, potential investors should only invest in financial products that they are familiar with and understand the risks associated with them. Potential investors should carefully consider their investment experience, financial situation, investment objective, risk tolerance level prior to making the investment. The investment contains specific risks, including asset class where it might be difficult to realize an investment or to obtain information about performance. The investment risk may include the possible loss of the principal amount invested.
For a full outline on applicable fees, classes of shares please refer to Fund’s latest prospectus, supplement or term sheet accurate as at the date of issue. Further information about the UCITS and Aditum Global Access ICC Ltd Fund Platform (i.e., Prospectus/ Offering Memorandum, KIIDs, periodic reports) can be obtained in English (and in Arabic for the Fund Platform), free of charge at the following address: Dubai International Financial Centre, Gate District Precinct Building 3, Level 5, Unit 510, Dubai, United Arab Emirates and email address: info@aditumim.com. Potential investors must obtain and carefully read the most recent Fund’s KIID, Prospectus, Supplement, Term Sheet, as applicable, prior to making an investment and to assess the suitability, lawfulness and risks involved. Aditum Investment Management Limited will not be held liable for actions taken, or not taken, as a result of the publication of this document.
Dissemination of this information is strictly prohibited and the information is not for distribution for the general public and may not be published, circulated or distributed in whole or part to any person without written consent of Aditum Investment Management Limited and the content remains the property of Aditum Investment Management Limited, a company incorporated in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority. Data source: Aditum, Bloomberg, USD terms, income reinvested, bid to bid, periods as stated.