Link to source
Data sheet
Other links
Summary sheet
Release date
16 December 2008
Status
Reference
Signed | 17/12/2008
20080493
Project name
Promoter - financial intermediary
Beltone Midcap Fund - Egypt
Beltone Private Equity and SIGEFI Private Equity
Orient Investment Management S.A., a company formed as a joint partnership between the two sponsors.
Orient Investment Management S.A., a company formed as a joint partnership between the two sponsors.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Contract amount of up to the USD equivalent of EUR 12.5 million.
EUR 80 million / USD 100 million.
Description
Objectives
Participation on ENP risk capital of up to the USD equivalent of EUR 12.5 million in Beltone Midcap Fund - Egypt, a multi-sector fund investing in mid-sized companies in Egypt.
Beltone Midcap will target mid-sized companies in Egypt defined as profitable companies with a turnover between USD 5 million and 50 million p.a.
Environmental aspects
Procurement
In addition to complying with Egypt’s environmental laws, regulations and policies and, where appropriate, EU legislation (e.g. sensitive sectors, environmental impact assessment), the Fund Manager has agreed to develop environmental guidelines in agreement with its leading investors, namely Beltone Private Equity and the Bank.
N/A (private sector investment).
Link to source
Summary sheet
Other links
Data sheet