Equity Management Platform Carta to Expand to Middle East
Through secondary trades, Carta's liquidity solutions have returned $15 billion to shareholders.
Global equity management company Carta announced that intends to expand its operations to the Middle East, citing a 180 percent rise in bookings in the Asia Pacific area overall year over year, as per an announcement.[1]
Carta will launch in the Middle East in collaboration with flagship Middle East customers including Global Ventures, BECO Capital, Cotu Ventures, Outliers VC, and Middle East-based unicorns Foodics, Kitopi, and Tabby.
Additionally, Carta backs $130 billion in assets under administration and serves close to 7,000 entities and SPVs.
Through secondary trades, Carta's liquidity solutions have returned $15 billion to shareholders.
Businesses are built using Carta by firms and funds include Harlem Capital and Flexport, both based in the US.