Sharakat partners with several prestigious local, regional, and institutional investors to fund some of its investments and financing facilities as well as to manage others.
• Abraaj Capital – Manage Palestine Growth Capital Fund (PGCF) & Co-investor in Anoud Games
Abraaj Capital is the largest private equity firm in the Middle East and North Africa and it is also a leading investor operating in the growth markets of Asia, and Latin America. It was founded in 2002, and currently has US$7.5 billion in assets under management. Abraaj Capital is Palestine Investment Fund’s partner in managing Palestine Growth Capital Fund (PGCF) and is a co-investor in Anoud Games.
• Al-Quds Holding – Co-investor in Strand Hotel
Al-Quds Holding was launched through the efforts of a number of businessmen from Jerusalem, Palestine Investment Fund and a few other partners and was dedicated towards the development of Jerusalem city. The company invests in several sectors including real estate, tourism, health, education, and the services sector. Al-Quds Holding is PIF’s co-investor in Strand Hotel.
• Arab Fund for Economic and Social Development – Partner in Jerusalem SME Lending Facility
The Arab Fund for Economic and Social Development is a Kuwaiti-based Arab regional financial institution focused on funding economic and social development by financing public and private investment projects and providing grants and financial expertise. The Arab Fund is PIF’s partner in Jerusalem SME Lending Facility.
• Middle East Investment Initiative (MEII) – Manage Loan Guarantee Facility (LGF)
The Middle East Investment Initiative is a non-profit investment organization that aims to stimulate Middle Eastern economies by breaking from traditional aid models and designing innovative development initiatives that foster economic opportunities and create sustainable and independent economies. The Middle East Investment Initiative is PIF’s partner in the Loan Guarantee Facility (LGF).
• Overseas Private Investment Corporation (OPIC) – Partner in Loan Guarantee Facility (LGF)
Overseas Private Investment Corporation is an American governmental agency that supports the economic development of developing countries by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds. OPIC is PIF’s partner in the Loan Guarantee Facility (LGF).
• Islamic Corporation for the Development of the Private Sector (ICD) – Co-Investor in Ijara Company
The Islamic Corporation for the Development of the Private Sector is a multilateral organization affiliated with the Islamic Development Bank Group. The Corporation aims at supporting the economic development of its 49 Islamic member countries through provisions to financially fund and support private sector projects in accordance with the principles of the Islamic law. ICD is PIF’s co-investor in Ijara Company.
• Palestine Islamic Bank – Co-Investor in Ijara Company
Palestine Islamic Bank was established in 1997 as a limited liability company that aims at offering and strengthening the presence of Islamic banking. The company operates from its headquarters in Gaza City and through its other branches in Gaza and the West Bank. Palestine Islamic Bank is PIF’s partner in Ijara Company.
• Palestine Development Fund – Manage Jerusalem SME Lending Facility
Palestine Development Fund was established after bringing the International Economic Development Group (EDG), the Technical Development Company (TDC) and the Arab Development Company (ADCC) together with the goal of supporting small and medium sized companies in Palestine. The Fund aims at encouraging healthy growth in the private sector through funding programs that create job opportunities in the Palestinian market. Palestine Development Fund is PIF’s partner in Jerusalem SME Lending Facility.
• Sadara Ventures – Co-Investor in SoukTel Company
SADARA is the first venture capital firm targeting the Palestinian IT sector. Sadara is joining forces with exceptional entrepreneurs to power innovation, and help build the first wave of world-class, high-growth, technology and services companies in Palestine.
• Al-Jebrini Company – Co-Investor in Pal-Farm Company
Al-Jebrini Company is one of the largest and most prestigious dairy manufacturing companies in Palestine. The Company has been in business for over 50 years. In the late eighties, Al-Jebrini company started turning their low scale dairy production into a full commercial and industrial business with the goal of fulfilling the local market demand and to increase their competitiveness on an international level. On the long run, the company plans to expand its operations to include additional products in the food processing sector.