Release date: 7 November 2013
Promoter – Financial Intermediary
The proposed operation consists of an equity participation of up to EUR 12m in CapMezzanine Fund II, a generalist private equity fund targeting growth capital investments in private sector companies primarily located in Morocco.
The proposed operation is expected to contribute risk capital funding to established, growth-oriented mid-market SMEs, principally located in Morocco, and potentially in neighbouring North African (Tunisia, Egypt) and West African countries (Senegal, Mauritania, Ivory Coast, Ghana and Mali). The Fund will target individual equity and/or quasi-equity investments between EUR 2-8m.
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 12 million
Total cost (Approximate amount)
EUR 71 million
The Fund will operate in accordance with an environmental policy developed by the fund manager in consultation with the fund's investors.
Not applicable (private sector operation)
Signed - 20/12/2013
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).