Human Capital Joins QIA's $1B Fund to Boost Qatar's Venture Capital Scene

February 21, 2025
Human Capital Joins QIA's $1B Fund to Boost Qatar's Venture Capital Scene
  • The Fund of Funds programme is designed to cultivate a vibrant start-up and venture capital ecosystem in Qatar, with a focus on attracting leading venture capital funds and entrepreneurs.

  • As part of this growth strategy, HCF LLC, an affiliate of Human Capital, will open its first international office in Doha, Qatar.

  • The initiative seeks to enhance financial performance while making a positive impact on the Qatari venture capital landscape.

  • Human Capital has officially joined the Qatar Investment Authority's (QIA) Fund of Funds programme, a partnership announced recently.

  • The new office will be led by Pradeep Desu, a seasoned expert in talent acquisition with experience at notable companies such as Uber and Gojek.

  • Launched in February 2024, the programme intends to invest over $1 billion in both international and regional venture capital funds, particularly in the tech and healthcare sectors.

  • This collaboration is part of a strategic initiative between Human Capital and QIA, aimed at bolstering business growth in the Middle East.

  • Desu's extensive background in scaling businesses and recruiting is expected to play a crucial role in developing Human Capital in the region.

Summary based on 1 source


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