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Latham Advises Jadwa in Acquisition of a Majority Stake in Makhazen Alenaya Through Its Flagship Blind-Pool Vehicle, Jadwa GCC Diversified Private Equity Fund
June 24, 2025
Riyadh team represents leading investment management and advisory firm in the transaction.
Latham & Watkins has advised Jadwa Investment, a leading investment management and advisory firm in the Middle East, on the acquisition of a majority stake in Makhazen Alenaya through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund (formerly known as GCC Private Equity Fund I).
Founded in 2019, Makhazen is a fast-growing Saudi retail concept with 15 branches across the Kingdom. It offers a wide, curated product range at consistently affordable prices and through a premium one-stop-shop experience.
The Latham team was led by Riyadh partner Ahmed el-Gaili with associates Ahmed El Banna, Saba Al Gosaibi, and Bshayer Binyamin.