img
July 15, 2018

Jameel Family venture investments renamed JIMCO Strategic Asset Fund in new consolidated investment unit

img
  • img
  • copied!

JIMCO Strategic Asset Fund continues Jameel Family mission to harness power of private equity to advance a more beautiful tomorrow for all.

In the 75th anniversary year of one of the Middle East’s most renowned and respected privately owned diversified family businesses and global philanthropies, the Jameel Family has renamed it’s long established family investment office as the ‘JIMCO Strategic Asset Fund’ as part of a new venture investment brand consolidating the work of three generations in purposeful investing.

The Abdul Latif Jameel Investment Management Company (or ‘JIMCO‘), brings together all non-operations investment for the Jameel Family in one dedicated division, distinct from the businesses that bear the noted Abdul Latif Jameel brand name and also distinct from the Jameel philanthropies (which include Bab Rizq Jameel, Community Jameel Saudi, Art Jameel and Community Jameel).

 

One of the main pillars of the new JIMCO investment business is the JIMCO Strategic Asset Fund which will pursue responsible investment opportunities that back promising, forward-thinking fund managers with clear, sustainable and long-term vision.

Sectors of interest include sustainable approaches for food and water production, security and land use; drivers of progress and democratization for the global energy transformation towards renewable, sustainable and clean sources of power, amongst other sectors essential to positively shape the future of core industries driving the global economy.

This thoughtful approach leads to two primary objectives that go hand in hand: delivering appropriate financial returns, and delivering tangible environmental and societal outcomes.

Related Press Releases