PROJECT

Projects

Summary of Investment Information

Project Number

36631

Company Name

ABRAAJ TURKEY FUND I, LP

Date SPI Disclosed

Dec 3, 2016

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Apr 30, 2015

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

May 24, 2021

Department

TMT, Venture Capital & Funds

Industry

Funds

Previous Events

Approved : May 18, 2015
Signed : May 26, 2015
Invested : Jun 17, 2015

Sector

Growth Equity Fund

Project Description

The proposed project consists of an equity investment of up to US$50 million in Abraaj Turkey Fund I, L.P. (“ATF I” or the “Fund”), a closed-end private equity fund domiciled in the Cayman Islands. The Fund targets US$600 million in total commitments and will invest in midcap private companies with regional growth potential based in Turkey and operating in healthcare, education, retail, logistics, consumer goods and services and niche industrials. The Fund is expected to make 8 to 10 investments with ticket sizes ranging between US$30million and US$75 million.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation