Foursan Capital Partners II

Location:

Jordan

Project number:

46912

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Target board date:

09 Dec 2015

Status:

Signed

PSD disclosed:

06 Oct 2015

Translated version of this PSD: Arabic

Project Description

The EBRD is providing an equity commitment of up to USD 25 million to Foursan Capital Partners II Limited Partnership. The Fund is targeting USD 200 million of capital commitments.

The Fund will predominantly make minority equity investments into fast growing medium-sized companies in Jordan.

Project Objectives

The Bank's participation will help mobilise additional private sector investment in the Fund.

Transition Impact

The transition impact of the proposed project will come from the following areas:

1. Supporting the development of the private equity industry in Jordan.

2. Helping the transfer of skills from the investment team to portfolio company management on topics including corporate governance, financial reporting and environmental and social behaviour.

Client Information

FOURSAN GROUP HOLDINGS INC

EBRD Finance Summary

USD 25,000,000.00

Total Project Cost

USD 200,000,000.00

Environmental and Social Summary

Categorised as a Financial Institution. The Fund will be required to comply with EBRD's Performance Requirements 2, 4 and 9, adopt and implement the EBRD Environmental and Social Risk Management Procedures for Active Equity Investments and submit Annual Environmental and Social Reports to the Bank.

Technical Cooperation

None.

Company Contact Information

Shahm Al-Wir

shahm@4san.com

+962 6562 4562
+962 6552 6489

http://4san.com/

PO Box 143154, Amman, 11814, Jordan.

Business opportunities

For business opportunities or procurement, contact the client company.

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Email: procurement@ebrd.com

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