A fund manager’s dream

The MIC in MIC Ventures is not short for Mission Impossible, Cruise. But it could be. Khaled Zeidan, the managing director of MIC Ventures, could easily have a second career modeling cool shades, and the chosen mission of MIC Ventures, should it succeed, will bring life to a sector whose true potential in Lebanon has lain dormant for the past 15 years or more. This sector is information and communications technology (ICT). MIC Ventures approaches mainly local ICT investment opportunities with a $48 million war chest. Over the next four years, it aims to deploy this money through investments into Lebanese companies with value-add potential, mainly in four verticals: fintech in all its varieties, gaming (including anything virtual reality), content, and logistics and delivery. Beyond ICT companies and value-creation opportunities related to these verticals, MIC Ventures (MICV) also looks at opportunities that have an internet of things angle—for example, in