PROJECT

Projects

Summary of Investment Information

Project Number

33021

Company Name

MEDITERRANIA CAPITAL II (SICAV) PLC

Date SPI Disclosed

Jun 4, 2013

Country

Morocco

Region

Africa

Projected Board Date

Sep 13, 2013

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Sep 12, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Sep 13, 2013
Signed : Sep 27, 2013
Invested : Nov 5, 2013

Sector

Growth Equity Fund

Project Description

 The project entails an IFC equity investment of up to Eur 15 million in Mediterrania Capital Partners II (“the Fund”), a 8-year closed-end generalist private equity fund targeting Eur 120 million in commitments. Mediterrania Capital Partners (“Mediterrania”) will be the investment advisor to the Fund, which will take primarily minority positions in SMEs and mid cap companies in Algeria, Morocco and Tunisia (“the Region”). The Fund expects to make approximately 10-12 minority investments in SMEs and mid cap companies in the Region, with estimated ticket sizes ranging from Eur 3-15 million each.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation