General Atlantic Opens Saudi Office to Scout Mideast Deals
- US based investor’s Riyadh site will be first in Middle East
- Firm previously backed startups including Facebook and Uber
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General Atlantic, best known for early stage investments in tech companies such as Facebook and Uber Technologies Inc., is opening its first office in the Middle East as it looks to scout for more deals in the region.
The Saudi Arabia office will be lead by Ziyad Baeshen, General Atlantic said in a statement Sunday. It aims to use the office to get closer to entrepreneurs in the region as it looks for growth companies to invest in across technology, health care, financial services, consumer and climate industries.