Original disclosure @ EIB website
Updated in EWS Jan 8, 2020
Disclosed by Bank Nov 5, 2019
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According to bank documents, the operation consists of an equity participation in Amethis Mena Fund II, a closed-end private equity fund targeting investments in small and medium-sized enterprises (SMEs) and Midcaps active in the Middle East and North Africa (MENA). The fund will be set up to make privately negotiated equity and equity-related investments without focusing on a specific industry/sector.
The fund targets EUR 150m of total commitments into local companies in need of growth financing, with the aim of building national and regional champions. Its main objective is to acquire significant minority stakes in businesses with strong growth potential.
*Contact information not provided at the time of disclosure*
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