Signature(s)
Amount
€ 19,830,272.92
Sector(s)
Services
: € 19,830,272.92
Signature date(s)
19/12/2013 : € 9,912,581.95
11/06/2014 : € 9,917,690.97
Link to source
Data sheet
Other links
Summary sheet
Release date
7 November 2013
Status
Reference
Signed | 19/12/2013
20130391
Project name
Promoter - financial intermediary
EUROMENA III FUND
Capital Trust Group (CTG), a private equity, real estate and coporate finance firm operating in the MENA region since 1998.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 20 million
EUR 115 million
Location
Sector(s)
- Services - Financial and insurance activities
Description
Objectives
The proposed operation consists of an equity participation in EUROMENA III FUND, a generalist private equity fund targeting expansion capital investments in private companies located in the Mediterranean Partner Countries.
The Fund will seek to take minority or majority stakes in the established mid-market SMEs operating in highly growing industries that have the potential to become regional leading groups in the MENA region.
Environmental aspects
Procurement
The Fund will operate in line with EIB requirements.
Not applicable
Link to source
Summary sheet
Other links
Data sheet