circuit interview

Oryx invests Gulf sovereign cash in early-stage MENA startups

The fund's Ivo Detelinov and Sara Enan look for firms that address ‘big themes,’ while they consult with regulators and colleagues in Europe

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Office towers at Abu Dhabi Global Market (Getty Images)

When London-based Salica Investments launched its Oryx Fund four years ago, the central strategy was to nurture early-stage startups in the Middle East and North Africa, preparing them to take calculated risks and reap higher returns.Backed by Saudi Arabia’s...