PROJECT

Projects

Summary of Investment Information

Project Number

45422

Company Name

EZDEHAR MID-CAP FUND II COOPERATIEF U.A.

Date SPI Disclosed

Oct 14, 2021

Country

Egypt, Arab Republic of

Region

Africa

Projected Board Date

Dec 16, 2021

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 19, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Dec 16, 2021
Signed : Dec 20, 2021
Invested : Mar 23, 2022

Sector

Growth Equity Fund

Project Description

The proposed investment is an equity investment of up to US$20 million, capped at 20% of final fund size into Ezdehar Mid-Cap Fund II Coöperatief U.A. (Fund or Ezdehar II), a mid-cap private equity (PE) fund focused on growth equity transactions in Egypt and targeting US$150 million in total commitments. The Fund’s investment strategy will be to seek minority and selective majority stakes in 6-8 high growth small to mid-cap companies with investments ranging US$5-30 million per company, primarily in Egypt.                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation