PME Croissance is a Moroccan generalist (all sectors) equity fund that invests in Moroccan small and medium sized enterprises in the development phase and/or in succession transactions, i.e. buy outs motivated by lack of succession of the entrepreneurs. The fund is managed by MarocInvest, a subsidiary of Africinvest-Tuninvest Group. The assets under management in the fund are around MAD 452 million. The final closing took place in 2013.
- Fund size
- 452m
- Geography
- Mediterranean countries
- Sector(s)
- Generalist
- Vintage year
- 2012
- EIB commitment
- MAD 55m
- Website
- http://www.tuninvest.com/