eWTP Arabia Capital

eWTP Arabia Capital, now known as ewpartners, is a private equity firm specializing in cross-border investments between Asia and the Middle East. Established in 2017, the firm has been instrumental in fostering economic growth and technological advancement in the MENA region. Backed by the Public Investment Fund of Saudi Arabia (PIF), ewpartners has raised and fully deployed $400 million for its Fund I and is targeting $1 billion for Fund II, reflecting strong investor interest. The firm has 18 portfolio investments and has created more than 6,500 jobs for a Saudi workforce, contributing significantly to the Kingdom’s economy.

The firm's investment strategy focuses on sectors such as Infrastructure & Logistics, Fintech, Technology/ICT, Tourism, Gaming/Esports, New Energy, Healthcare, Consumer Goods, and Agriculture, all with a focus on technological and digital upgrading. By establishing and maintaining the Kingdom’s position at the forefront of technological excellence, ewpartners has been a key contributor in bolstering the Saudi economy, helping ensure the future of the country is driven by its own people. The rebrand now symbolizes a broadening out of its initial focus to include investments into the wider region. The ‘east west’ wording incorporated into ewpartners symbolizes the transfer of knowledge and investment that the company facilitates between Asia and the Middle East.

Since its inception, ewpartners has demonstrated exceptional performance, solidifying its position among industry leaders. In May 2024, the firm's Technology Fund I was recognized as the fifth top-performing VC fund in the US$250 Million to US$499 Million category by net Internal Rate of Return (IRR) for vintages between 2015-2020. This recognition underscores the commitment of the team and the robustness of their investment strategy. It also highlights the significant growth potential of the Middle East and North Africa market, particularly in Saudi Arabia. As a pivotal driver of technological advancement in the region, ewpartners remains steadfast in its mission to empower entrepreneurs and deliver value to its investors.