Release date: 7 November 2013
Promoter – Financial Intermediary
Capital Trust Group (CTG), a private equity, real estate and coporate finance firm operating in the MENA region since 1998.Location
Description
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.
Objectives
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.
Comments
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 115 million
Environmental aspects
The Fund will operate in line with EIB requirements.
Procurement
Not applicable
Status
Signed - 19/12/2013
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).