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EuroMena Fund

  •  Reference: 20040278
  •  Release date: 06 January 2006
Promoter – Financial Intermediary

Capital Trust, a 20-year old corporate finance, real estate and private equity firm with offices in London, USA and Beirut, promoting its eighth fund.

Location
  • Lebanon
  • Mediterranean Partner Countries (MPCs), with the fund manager operating out of Lebanon.
Description

Participation in the setting up of an investment fund focused on the MPCs. Strategy: building regional groups by combining local companies that operate in the same industry.

Objectives

The project will promote private sector investment in mid-market companies in the MPCs. The development of regional groups is a key factor for the improvement of the competitiveness of the MPC economies.

Comments

Industry and services. The fund has a generalist focus and will be investing in a variety of sectors. It will target the most promising sectors in which to build regional groups.

Sector(s)
  • Credit lines
Proposed EIB finance (Approximate amount)

Up to EUR 10 million and 25% of fund size.

Total cost (Approximate amount)

EUR 80-100 million target fund size.

Environmental aspects

The fund will only invest in companies that comply with the environmental standards required by the EIB.

Procurement

N/A

Status

Signed   -   10/03/2006.


Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).



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