IQ-EQ is delighted to be assisting Sana Capital with the launch of its maiden fund. Sana Capital is a new, female-led investment fund supporting innovation in science and technology that will drive positive change. The firm has signed up to our unique IQ-EQ Launchpad programme, specifically tailored for female first-time fund managers.
Launched in November 2021, IQ-EQ Launchpad aims to rebalance the prevailing gender imbalance in the global asset management industry by providing a comprehensive support package designed to help female managers succeed in raising their first fund.
Sana Capital, co-led by Hanadi Jabado, aims to become a leading seed and series A investor in the science and technology spheres. Hanadi is an experienced biotech investor, passionate about early stage ventures. As Sana Capital’s Managing Partner, she commented:
“At Sana Capital, our goal is to drive innovation that can heal the world. We want to demystify deep tech, at scale, to nurture a positive future. Our team will help turn great science into great businesses; with our combined experience, we will build winners, not just back them.”
Sana Capital initially appointed G10 Capital, an FCA-regulated firm belonging to the IQ-EQ Group, for Appointed Representative (AR) services to avail of the regime providing businesses with a simple and efficient alternative to direct FCA authorisation in order to conduct regulated activities in the UK. IQ-EQ’s remit has since expanded to include full fund administration services as part of our Launchpad initiative, which also encompasses preferential service terms and access to IQ-EQ’s global network.
Speaking about IQ-EQ, Hanadi said:
“We chose to work with IQ-EQ not only because of their track record and professionalism, but also because of the alignment between our values and championing of diversity and inclusion. We very much appreciate IQ-EQ’s ambition to support women raising first funds, using their experience and network to help these female managers achieve success. I look forward to working closely with the IQ-EQ team as we launch our inaugural fund and strive towards our fundraising target.”