{"id":641678,"date":"2017-09-28T04:04:52","date_gmt":"2017-09-28T04:04:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/aaf-hits-usd-25-mn-target-for-flagship-fund\/"},"modified":"2017-09-28T04:04:52","modified_gmt":"2017-09-28T04:04:52","slug":"aaf-hits-usd-25-mn-target-for-flagship-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/aaf-hits-usd-25-mn-target-for-flagship-fund\/","title":{"rendered":"AAF hits USD 25 mn target for flagship fund"},"content":{"rendered":"<p><strong>Arab Angels Fund hits USD 25 mn target for flagship fund:<\/strong> Arab Angels Fund (AAF) announced yesterday that it successfully hit the USD 25 mn target for its flagship Arab Angel Fund I (AAFI), having successfully raised an additional USD 15 mn in an oversubscribed offering. General partners <strong>raised the target amount \u201cfrom 65 private family offices and high net worth individuals\u201d in the MENA and GCC<\/strong> \u2014 particularly from Abu Dhabi, <a href=\"https:\/\/ent.news\/2017\/9\/768.pdf\">according to a statement (pdf)<\/a>. The fund had <a href=\"https:\/\/enterprise.press\/stories\/2016\/11\/06\/arab-angel-fund-hits-usd-10-mn-first-close\/\">reached first close last year<\/a>, raising USD 10 mn that have so far helped it \u201cdeploy capital to 50 different startups at the seed and series A stages alongside tier 1 venture capital firms.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arab Angels Fund hits USD 25 mn target for flagship fund: Arab Angels Fund (AAF) announced yesterday that it successfully hit the USD 25 mn target for its flagship Arab Angel Fund I (AAFI), having successfully raised an additional USD 15 mn in an oversubscribed offering. General partners raised the target amount \u201cfrom 65 private [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641678","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3d8ad5e2-0440-4305-9d4d-d0f21c003bf7","order":"0","is_powered_by":true,"section_story_id":"0a68e78d-1d35-42a5-8a9e-62acab2af94f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641656],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AAF hits USD 25 mn target for flagship fund - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/aaf-hits-usd-25-mn-target-for-flagship-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AAF hits USD 25 mn target for flagship fund\" \/>\n<meta property=\"og:description\" content=\"Arab Angels Fund hits USD 25 mn target for flagship fund: Arab Angels Fund (AAF) announced yesterday that it successfully hit the USD 25 mn target for its flagship Arab Angel Fund I (AAFI), having successfully raised an additional USD 15 mn in an oversubscribed offering. 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