Company type | Private |
---|---|
Industry | Private equity |
Predecessor | Injazat Capital |
Founded | 22 December 2005 |
Key people | Dr Ahmed Al-Mutawa Chairman Mosabah Al-Mutairy Director Hisham Alrayes Director Mohammed Ameen Director Yousif Al Ghanim Director Jinesh Patel CEO |
Website | www.gfh-capital.com/ |
GFH Capital, formerly known as Injazat Capital, is a firm of private equity investors, advisors and fund managers, providing capital and strategic support for growth companies. GFH Capital is among the region’s private equity firms, and is licensed by the Dubai Financial Services Authority. Established by the Islamic Corporation for the Development of the Private Sector (ICD), an affiliate of the Islamic Development Bank Group (IDB) and GFH Financial Group, GFH Capital introduced structured private equity investing and Islamic finance to the Gulf Cooperation Council (GCC). GFH Capital has structured investments exceeding USD 8bn in over 40 companies across 25 countries.[1]
GFH Capital established and manages the Middle East’s first Sharia-compliant VC TMT fund: Injazat Technology Fund BSC (ITF I). ITF I has to date completed the full life cycle of the investment process with Internal rate of returns (IRR) of up to 75% including sales to blue chip companies. The International Chamber of Commerce (ICC) commended GFH Capital in regard to the principles of corporate governance.[2] GFH Capital invests in growth companies at all stages of development; from founding start-ups and fostering growth in developing companies to leading recapitalizations or buy-outs of more mature businesses.[3]