
Arab Angel Fund raises an additional $15m to close its $25m flagship fund
The Arab Angel Fund (AAF) announced today that it has raised an additional $15m for its flagship Arab Angel Fund I, L.P. (AAFI). The fund was oversubscribed and has officially closed after reaching its target of $25m. The fund’s general partners raised $25m from 65 private family offices and high-net worth individuals (HNWI) in the …