Signature(s)
Amount
€ 597,800.1
Sector(s)
Services
: € 597,800.1
Signature date(s)
30/07/2007 : € 597,800.1
Link to source
Data sheet
Other links
Summary sheet
Release date
23 October 2006
Status
Reference
Signed | 30/07/2007
20050402
Project name
Promoter - financial intermediary
Byblos Private Equity Fund
Private sector companies in selected Mediterranean Partner Countries
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 7.5 million and max 25% of the total size of the Fund.
Not applicable.
Location
Sector(s)
Description
Objectives
Multi-sector private equity investment fund (Byblos Ventures S.A.L., the “Fund”) targeting private companies operating in selected Mediterranean Partner Countries (see above). Target size of the Fund is approx USD 30m.
The Fund is focused on small-medium sized equity and quasi-equity investments in the target region, normally not covered by international investment banks or other larger funds. It aims at obtaining a market rate of return for the investors commensurate with the risks associated.
Environmental aspects
Procurement
In addition to complying with environmental laws and regulations of the countries in which it invests, the Fund has agreed to adopt environmental assessment guidelines in line with those recommended by the EIB.
Not applicable.
Comments
Multi-sector.
Link to source
Summary sheet
Other links
Data sheet