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Habib Hazzan
Managing General Partner at Ibtikar Fund
Habib Hazzan is the Managing General Partner and Co-Founder of Ibtikar Fund, a venture capital firm focused on investing in early-stage Palestinian technology companies.12 With over 20 years of international management and professional experience, Hazzan has established himself as a key figure in the Palestinian startup ecosystem.3
Professional Background
Prior to co-founding Ibtikar Fund, Hazzan gained valuable experience in various roles:
- Founder of Habib Hazzan Consulting
- Co-founder of Al-Bawader
- Manager at an undisclosed company4
His track record demonstrates excellence in leadership, results-driven performance, and the ability to navigate through challenges.3
Role at Ibtikar Fund
As Managing General Partner, Hazzan plays a crucial role in:
- Identifying investment opportunities in early-stage technology startups
- Supporting portfolio companies throughout the investment duration
- Mobilizing Ibtikar's strong regional and global network to assist growing companies1
Recent Achievements
Under Hazzan's leadership, Ibtikar Fund has recently reached significant milestones:
- Successfully closed Ibtikar Fund II with $25 million in total commitments, doubling the size of their maiden fund2
- Secured a $3 million investment from the European Bank for Reconstruction and Development (EBRD), marking EBRD's first equity investment in a venture capital fund in the West Bank2
Hazzan expressed excitement about this development, stating, "We are excited to welcome the EBRD to Ibtikar Fund II, as we share a common vision for empowering Palestinian entrepreneurs."2
Through his work at Ibtikar Fund, Habib Hazzan continues to play a pivotal role in fostering the growth of the Palestinian startup ecosystem and promoting economic development in the region.