Link to source
Data sheet
Other links
Summary sheet
Release date
4 January 2011
Status
Reference
Signed | 13/07/2012
20100523
Project name
Promoter - financial intermediary
Fonds PME Croissance
MarocInvest, a subsidiary of the TunInvest group
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
MAD equivalent up to EUR 5 million
The Fund has a target size of the MAD equivalent of EUR 35.40 million
Description
Objectives
PME Croissance is a Moroccan generalist (all sectors) equity fund that will invest in Moroccan SMEs in the development phase and/or in succession transactions, i.e. buy outs motivated by lack of succession of the entrepreneurs.
PME Croissance will address the lack of finance for SMEs, especially for development capital and succession transactions. In addition, it will develop the know-how of the Private Equity sector in the country.
Environmental aspects
Procurement
N/A
Not applicable (private sector investment)
Link to source
Summary sheet
Other links
Data sheet