The project consists of a generalist, closed-ended investment fund targeting USD 60 million of commitments. The fund will provide primarily growth and expansion capital to small and medium-sized enterprises in the Levant region in the form of equity and quasi-equity investments.
The fund will seek to generate long-term capital gains from equity and quasi-equity investments in small and medium-sized enterprises predominantly in Lebanon, Jordan and Egypt. Furthermore it will support the development of the private sector in the region by increasing access to finance, reducing unemployment and attracting private and institutional investors to the region.
*Contact information not provided at the time of disclosure*
ACCOUNTABILITY MECHANISM OF EIB
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