Egypt's Beltone VC Posts 80% IRR on BirdNest Deal, Outpacing US Benchmarks
Beltone Venture Capital booked an 80% IRR on a partial exit from Cairo-based hospitality platform BirdNest, returning capital from a $30M joint fund co-anchored by UAE's Citadel International. The deal is one of several high-IRR exits for BVC, highlighting a strategy of smaller checks, faster holds and partial secondary sales.