PROJECT

Projects

Summary of Investment Information

Project Number

44777

Company Name

AMETHIS MENA FUND II S.C.A., SICAV-RAIF

Date SPI Disclosed

Mar 12, 2021

Country

North Africa and Horn of Africa Region

Region

Africa

Projected Board Date

May 17, 2021

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : May 17, 2021
Signed : Jun 30, 2021
Invested : Aug 9, 2021

Sector

Growth Equity Fund

Project Description

 The proposed equity investment is for up to €12.5 million, capped at 20% of total commitments,  in Amethis MENA Fund II (the “Fund” or Amethis MENA II”), a closed-end private equity (“PE”) fund to be domiciled in Luxembourg. The Fund seeks to make equity investments of between €5-15 million per company in around 15 high growth small and medium enterprises (“SME”) in the Middle East and North Africa (“MENA”). The Fund will focus on consumer, healthcare, education, business services, manufacturing and technology sectors

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation