Our friends at Beltone Holding launched a private equity platform, which will provide growth-stage capital to startups from pre-seed to pre-IPO stages, according to a statement (pdf). The platform — which will complement Beltone Venture Capital — will be led by CEO and Managing Partner of Beltone Venture Capital Ali Mokhtar (LinkedIn).

Beltone describes this new platform as the next phase of its investment platform development, reflecting a “deliberate step toward strengthening its end-to-end capital offering and reinforcing its position as a long-term investment partner to ambitious founders across the region.”

ICYMI: Beltone Holding raised EGP 10.5 bn in its second capital increase last year, bringing its total paid-in capital to EGP 21.4 bn, with the capital slated to be used to fuel expansion across its platforms.

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