Yolo Investments Set To Launch Third Abu Dhabi Fund Worth $250m

Yolo Investments has received approval to launch its third private investment fund from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market.

Known as Fund III, the vehicle is targeting $250m in capital and will focus primarily on Series A to Series C investments. While the mandate is global, the fund will focus more on opportunities across the Middle East and North Africa.

Fund III continues fintech and gaming focus

Fund III will continue Yolo Investments’ strategy of backing companies operating across fintech, crypto and gaming. The firm describes its investment approach as supporting entrepreneurs who are reshaping how money moves through digital ecosystems.

Yolo recently announced a strategic move away from unlicensed crypto markets toward regulated iGaming opportunities. “This isn’t about walking away from the past,” the company said at the time.

“It’s about taking everything we’ve learned, everything we’ve pioneered, and applying it in environments where operators, regulators and players can work together, creating a stronger and more sustainable ecosystem for everyone.”

Abu Dhabi structure targets institutional investors

According to Yolo Investments, establishing Fund III within Abu Dhabi was a deliberate decision to attract institutional capital. The company noted that many investors favour established regulatory structures built on English common law.

Abu Dhabi Global Market has increasingly positioned itself as a destination for fund managers seeking access to Gulf investors and capital pools. The approval also allows Yolo to complete key fund documentation, including its limited partnership agreement and private placement memorandum.

Fund III builds on the performance of Fund II, which reported a net internal rate of return of 51.6% and a total value-to-paid-in multiple of 1.36x as of 31 December 2025.

UAE expansion supports long-term growth strategy

The launch is part of Yolo Group’s plans to expand across the UAE. Late last year, the company obtained two gaming-related vendor licences from the UAE’s General Commercial Gaming Regulatory Authority.

Founder Tim Heath described the approvals as a strategic milestone for the business. “Obtaining these licences in the UAE is more than a regulatory achievement.”

He added: “It is a statement of intent. Yolo Group is committed to building the future of gaming on trust, transparency and world-class innovation.”

The company has not disclosed details regarding individual investor commitments, portfolio targets or the expected number of investments Fund III will make.

Yolo Investments has achieved another milestone after gaining approval to launch Fund III, a $250m vehicle for fintech, crypto and gaming businesses. Having secured two UAE gaming licenses, this move highlights Yolo Group’s commitment to establishing its presence across the region’s regulated markets.