Release date: 31 May 2006
Promoter – Financial Intermediary
Group Société Générale, through its asset management subsidiary Société Générale Asset Management (SGAM).Location
Description
Multi-sector private equity investment fund (SGAM Al Kantara, the “Fund”) targeting private companies operating in selected Mediterranean Partner Countries (Morocco, Tunisia, Algeria, Egypt, Lebanon and Jordan). Target size of the Fund is approx EUR 120 million.
Objectives
The Fund will seek to generate capital appreciation by investing in equity or equity related securities in a diversified portfolio of investments, mainly targeting medium to large sized, later stage companies with growth potential.
Comments
Multi-sector.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 10 million.
Total cost (Approximate amount)
Not Applicable.
Environmental aspects
In addition to complying with environmental laws and regulations of the countries in which it invests, the Fund has agreed to develop environmental guidelines in agreement with its leading investors.
Procurement
Not Applicable.
Status
Signed - 23/10/2006