Saudi Firm Jadwa Turns to Private Credit for Fresh Deal Momentum

Saudi Arabian firm Jadwa Investment Co. is seeking to raise as much as $200 million for its flagship private credit fund as it attempts to tap into a rush of new deals arising from the need for alternative financing in the Gulf.

Jadwa has already collected $80 million and expects to raise the rest of the money by late 2026 from investors including sovereign wealth and pensions funds, according to Fidaa Haddad, managing director and head of private credit at the firm.