SHUAA Capital and Key Capital Ltd announced a strategic partnership on May 11, 2026, to develop the venture capital secondaries market across the MENA and EMEA regions.
The partnership supports Key Fund I LP, an ADGM-structured fund targeting USD 50 million to acquire positions in high-growth technology companies; the fund has successfully closed two transactions to date.
SHUAA Capital will provide advisory support for capital formation, strategic relationships, and capital markets execution to complement Key Capital’s specialized secondary investment strategy.
The initiative addresses a regional secondaries market estimated at over USD 1 billion, following a period where annual venture capital deployment in MENA reached USD 3.8 billion in 2025.