Summary of Proposed Investment
Project Number
31623
Company Name
MEDITERRA CAPITAL PARTNERS I LP
Date SPI Disclosed
Feb 3, 2012
Country
Turkiye
Industry
Infrastructure
Projected Board Date
Mar 5, 2012
Status
Active
Sector
Private Equity/Venture Cap Fund - Country
Department
Equity Portfolio Management
Environmental Category
FI
Previous Events
Approved : Apr 19, 2012
Signed : Sep 26, 2012
Invested : Oct 12, 2012
Project Description
Mediterra Capital Partners I, LP (the “Fund”) is a closed end private equity fund that will make investments in small to midsized private Turkish enterprises. The target fund size is € 200 million, and the first closing of €100 million was held on May 27, 2011, therefore the final closing is on May 27, 2012 (with a potential 6 month extension subject to LP Advisory Board approval). The Fund expects to make 10 to 15 investments in various sectors, including: retail, education, healthcare, industrials, automotives and logistics. Approximately 60-70% of investments will be in Istanbul and Marmara, approximately 30-40% will be in Anatolian cities, where SMEs are often underserved for equity capital. The Fund will allocate a minimum of €20 million, or 16.7% of its commitments (whichever is greater) to SMEs.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Mr. Murat Erkurt
Sehit Halil Ibrahim Cad. No: 39
Istinye Istanbul - Turkey
Phone: +90 (212) 323 54 00
Fax: +90 (212) 323 54 47
murat.erkurt@mediterracapital.com
For Inquiries and Comments About IFC, Contact
General IFC Inquiries
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