Siraj Palestine Fund II (DFC-2018-SIRAJPALESTINE)

Countries
  • Palestine, West Bank, Gaza
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Siraj Palestine Fund II, Ltd.
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Education and Health
  • Finance
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 30.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 30.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 22, 2020

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Project Description

According to bank documents, Fund II is a proposed $90 million private equity fund that will make growth equity investments, primarily in SMEs, in the Palestinian territories. The fund will invest in 12 to 15 businesses in vital sectors of the local economy, such as healthcare, financial services, agriculture and infrastructure.

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors
Contact Information

*Contact information not provided at the time of disclosure*