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Signature(s)

Amount
€ 7,500,000
Sector(s)
Services : € 7,500,000
Signature date(s)
30/07/2007 : € 7,500,000
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Summary sheet

Release date
23 October 2006
Status
Reference
Signed | 30/07/2007
20050402
Project name
Promoter - financial intermediary
Byblos Private Equity Fund
Private sector companies in selected Mediterranean Partner Countries
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 7.5 million and max 25% of the total size of the Fund.
Not applicable.
Description
Objectives

Multi-sector private equity investment fund (Byblos Ventures S.A.L., the “Fund”) targeting private companies operating in selected Mediterranean Partner Countries (see above). Target size of the Fund is approx USD 30m.

The Fund is focused on small-medium sized equity and quasi-equity investments in the target region, normally not covered by international investment banks or other larger funds. It aims at obtaining a market rate of return for the investors commensurate with the risks associated.

Environmental aspects
Procurement

In addition to complying with environmental laws and regulations of the countries in which it invests, the Fund has agreed to adopt environmental assessment guidelines in line with those recommended by the EIB.

Not applicable.

Comments

Multi-sector.

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Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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