Signature(s)
Amount
€ 20,000,000
Sector(s)
Services
: € 20,000,000
Signature date(s)
21/12/2011 : € 10,000,000
31/05/2013 : € 10,000,000
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Data sheet
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Summary sheet
Release date
19 October 2011
Status
Reference
Signed | 21/12/2011
20110435
Project name
Promoter - financial intermediary
Capital North Africa Venture Fund II
Capital Invest (fund manager)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 10 million
The target size of the Fund at final closing is EUR 80-90 million
Location
Sector(s)
Description
Objectives
Equity investment in a closed-end generalist private equity fund focused on growth capital investments in SMEs located across North Africa.
The proposed operation is expected to contribute risk capital funding to established, growth-oriented mid-market SMEs, principally located in Morocco and in neighbouring North African countries (Algeria, Tunisia). The Fund will target individual equity and/or quasi-equity investments between EUR 2-10 million.
Environmental aspects
Procurement
The Fund will operate in accordance with an environmental policy developed by the fund manager in consultation with an investor group of Development Finance Institutions.
Not applicable (private sector operation)
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Summary sheet
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Data sheet
News & Stories
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