Link to source
Data sheet
Other links
Summary sheet
Release date
7 December 2010
Status
Reference
Under appraisal | 07/12/2010
20100649
Project name
Promoter - financial intermediary
Lebanon Growth Capital Fund
Abraaj Capital/Riyada Enterprise Development
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD equivalent of EUR 5 million
Total size of the Fund is USD 50 million, with a minimum USD 30 million at first close
Description
Objectives
An equity participation in a generalist Private Equity fund in Lebanon.
The Fund will seek to acquire equity stakes in privately-held Lebanese SMEs by providing these businesses with long-term capital in addition to the institutional support.
Environmental aspects
Procurement
Not applicable.
Not applicable.
Link to source
Summary sheet
Other links
Data sheet