Signature(s)
Amount
€ 10,000,000
Sector(s)
Credit lines
: € 10,000,000
Signature date(s)
23/10/2006 : € 10,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
31 May 2006
Status
Reference
Signed | 23/10/2006
20060102
Project name
Promoter - financial intermediary
SGAM Kantara Fund
Group Société Générale, through its asset management subsidiary Société Générale Asset Management (SGAM).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 10 million.
Not Applicable.
Location
Sector(s)
Description
Objectives
Multi-sector private equity investment fund (SGAM Al Kantara, the “Fund”) targeting private companies operating in selected Mediterranean Partner Countries (Morocco, Tunisia, Algeria, Egypt, Lebanon and Jordan). Target size of the Fund is approx EUR 120 million.
The Fund will seek to generate capital appreciation by investing in equity or equity related securities in a diversified portfolio of investments, mainly targeting medium to large sized, later stage companies with growth potential.
Environmental aspects
Procurement
In addition to complying with environmental laws and regulations of the countries in which it invests, the Fund has agreed to develop environmental guidelines in agreement with its leading investors.
Not Applicable.
Comments
Multi-sector.
Link to source
Summary sheet
Other links
Data sheet