Hasnae Taleb and Jeff Ransdell to support UAE startups
Jeff Ransdell, Managing Director and Founding Partner of Fuel Venture Capital, and Hasnae Taleb, Managing Partner of Mintiply Capital, are making waves in the UAE investment landscape by introducing a $300 million vintage fund.
This ambitious initiative dedicates $45 million specifically to fuel the growth of startups within the GCC region. The fund is strategically structured to offer regional investors a rare opportunity to capture exponential returns by backing high-growth ventures before they reach public markets.
The collaboration between Mintiply Capital and Fuel Venture Capital takes the form of a Special Purpose Vehicle (SPV), leveraging both firms' unmatched expertise in capital markets and venture investments. With decades of collective experience, Ransdell and Taleb are uniquely positioned to guide companies through the critical phases of growth, scaling, and eventual public listings. Their shared vision is built on the understanding that private market investments in pre-IPO companies have the potential to generate immediate returns of up to 200% from day one, presenting a transformative proposition for investors across the UAE and broader GCC region.
The vintage fund provides access to an elite portfolio of high-potential startups backed by Fuel Venture Capital. Notable names include:
Betr – A disruptive sports betting platform co-founded by Jake Paul, integrating real-time engagement with microbetting.
A disruptive sports betting platform co-founded by Jake Paul, integrating real-time engagement with microbetting. Curve – A fintech innovator providing a single card that aggregates all financial accounts into one seamless experience.
A fintech innovator providing a single card that aggregates all financial accounts into one seamless experience. CookUnity – A chef-to-consumer platform redefining meal delivery with curated, gourmet-quality meals.
A chef-to-consumer platform redefining meal delivery with curated, gourmet-quality meals. Novopayment – A fintech infrastructure company driving digital payments innovation across the Americas.
A fintech infrastructure company driving digital payments innovation across the Americas. Aexlab – A pioneer in virtual reality gaming and social engagement technologies.
These companies are not just building market-leading products; they are poised to reshape industries and create outsized investment returns when they enter the public markets.
Jeff Ransdell and Hasnae Taleb believe in creating pathways for local investors to participate in the most promising global opportunities. This vintage fund provides GCC-based investors exclusive pre-market access to disruptive businesses that would otherwise remain out of reach until a much later stage.
Jeff Ransdell, founder of Fuel Venture Capital, brings a remarkable career spanning decades in public markets. As a former Managing Director at Merrill Lynch, he led a team responsible for managing a staggering $130 billion in assets for some of the world's most influential investors. His deep understanding of capital markets, asset management, and scaling high-growth companies provides him with a unique ability to identify and nurture disruptive startups poised for exponential success.
Hasnae Taleb shattered barriers as the youngest equity trader on Wall Street and the first Arab African woman to achieve such recognition in global capital markets. Known for her sharp analytical mind and fearless decision-making, Taleb earned the nickname 'Shewolf of Nasdaq' for her unparalleled ability and navigate high-stakes trading scenarios with precision. Now, as Managing Partner of Mintiply Capital, she leverages her expertise in trading, equity markets, and entrepreneurship to build ecosystems that empower innovators and investors alike.
'Both Jeff and I understand what it takes to list companies and the immense value creation that occurs before a company goes public', said Hasnae Taleb. 'We are bringing this opportunity to investors in the region to give them access to exceptional returns and a strategic advantage over traditional investment avenues'.
Jeff Ransdell added, 'The GCC market is evolving rapidly, and there's a growing appetite for sophisticated investment vehicles. This fund delivers exactly that — it empowers investors to support transformative businesses while capturing the kind of returns typically reserved for institutional players'.
The introduction of this vintage fund and the strategic partnership between Mintiply Capital and Fuel Venture Capital reflect a shared commitment to enhancing the financial ecosystem in the UAE and KSA. By supporting visionary entrepreneurs and scaling innovative businesses, the duo aims to foster sustainable economic growth and establish the region as a hub for entrepreneurial excellence and venture capital success.
Image Credit: Mintiply Capital & Fuel Venture Capital
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