Summary of Proposed Investment
Project Number
24655
Company Name
MAGHREB PRIVATE EQUITY FUND II LP
Date SPI Disclosed
Apr 18, 2006
Country
Middle East, Pakistan, and Afg Region
Industry
other
Projected Board Date
May 30, 2006
Status
Completed
Sector
Private Equity/Venture Cap Fund - Regional
Department
Equity Portfolio Management
Environmental Category
FI
Previous Events
Approved : Jun 26, 2006
Signed : Jun 27, 2006
Invested : Jul 26, 2006
Project Description
Maghreb Private Equity Fund II Limited (“MPEF II” or the “Fund”) is a private equity fund formed by Tuninvest Investment Group S.A. (“Tuninvest”) and managed by Tuninvest Investments Ltd. (the “Manager”) with a target size of €80 million which will make equity and equity-related investments in companies located principally in North Africa (the “Region”), including Morocco, Algeria, Tunisia and Libya. The Fund will seek controlling or significant minority stakes, generally representing individual equity investments between €2 million and €7 million, in a portfolio of commercial and industrial companies. Target industries include agribusiness, consumer products, distribution and retail, financial services, manufacturing, telecom and technology related, and transport.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Mr. Khalid Ben Jilani
Tuninvest Investment Group S.A.
Senior Investment Officer
Address: Immeuble Iris, Les Berges du Lac, 1053 Tunis, Tunisia
Telephone Number: + 216 71 862 311
Fax Number: + 216 71 862 805
Tuninvest Investment Group S.A.
Senior Investment Officer
Address: Immeuble Iris, Les Berges du Lac, 1053 Tunis, Tunisia
Telephone Number: + 216 71 862 311
Fax Number: + 216 71 862 805