PROJECT

Projects

Summary of Investment Information

Project Number

31510

Company Name

AMETHIS MAGHREB FUND I SICAV-SIF S.C.A.

Date SPI Disclosed

Feb 16, 2012

Country

Morocco

Region

Africa

Projected Board Date

May 17, 2012

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Dec 21, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : May 17, 2012
Signed : May 31, 2013
Invested : Jul 9, 2013

Sector

Growth Equity Fund

Project Description

  The project consists of up to €10 million equity commitment not to exceed 20% of total commitments in Capital North Africa Venture Fund II (“CNAV Fund II” or the “Fund”), a private equity fund which will make equity and quasi-equity investments in small and mid-size enterprises (“SMEs”). In terms of regional focus, the Fund will primarily focus on companies in Morocco but will also target investments in Algeria and Tunisia. The Fund will also make opportunistic investments in Egypt and West Africa. The Fund has a committed capital target size of €70-100 million and will be managed by Capital Invest Group, a fund management company to be established in Luxembourg.                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation