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Averroès Finance (“The Fund”) is a fund of funds contributing to the creation of investment funds in the Maghreb and Mashreq countries. The fund is co-managed by CDC PME and PROPARCO, the subsidiary of Agence Française de Développement (AFD). The end of the investment period took place in 2008.

Fund size
21m
Fund Type
Equity funds in the Southern Neighbourhood
Geography
Mediterranean countries
Region
Southern Neighbourhood
Sector(s)
Generalist
Vintage year
2003
EIB commitment
EUR 2.2m
Website
http://www.proparco.fr/site/proparco/Accueil_PROPARCO