Mediterra Capital Partners II (EBRD-47235)

Countries
  • Turkey
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
FI
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.
Voting Date
Oct 14, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Mediterra Capital Partners II, LP
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 57.18 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 50.00 million
Converted using 2015-10-14 exchange rate.
Project Cost (USD)
$ 343.07 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 300.00 million
Converted using 2015-10-14 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Aug 22, 2017

Disclosed by Bank Sep 14, 2015


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Project Description
This project finances an equity investment in Mediterra Capital Partners II, LP, which will then make equity and equity-related investments in lower mid-market companies operating in Turkey.
Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Mediterra Private Equity Limited will advise the ultimate general partner of the project fund, Mediterra Capital Management Limited in relation to the fund’s investments. Both entities will be incorporated in Guernsey.
Contact Information
Company Contact Website: www.mediterracapital.com Ahmet Faralyali, Managing Partner Email: Ahmet.Faralyali@mediterracapital.com Murat Erkurt, Managing Partner Email: Murat.Erkurt@mediterracapital.com Address: Sehit Halil Ibrahim Cad. No: 39 Istinye 34460 Sariyer Istanbul Turkey Phone: +90 (212) 323 54 00 Fax: +90 (212) 323 54 46 ACCOUNTABILITY MECHANISM OF EBRD The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.