The EBRD is considering an equity investment of up to €20 million in Mediterrania Capital II (“MC II” or “the Fund”), a Maltese capital growth investment fund incorporated as a “Société d'Investissement à Capital Variable” (SICAV).
MC II is the first Maghreb-focused fund being raised on an independent basis by the core team of Mediterrania Capital Partners, the manager of the Fund. It will mainly focus on providing growth capital to support the expansion of SMEs that are established in their local markets with the potential to develop their activities in consumer oriented industries that offer high growth potential.
The EBRD’s investment in the Fund will:
- Facilitate the development of the private equity asset class in Morocco and Tunisia;
- Provide much needed long term financing for SMEs in these countries while transferring knowledge and skills to their management; and
- Set the standards of corporate governance and business conduct for local SMEs and the private equity industry.
MC II will be managed by Mediterrania Capital Partners (“MCP”), a licensed company based in Malta and regulated by the MFSA.
Up to €20 million.
The Fund’s target size is €120 million.
The Fund will be required to comply with the EBRD Performance Requirements 2 (Labour and Working Conditions) and 9 (Financial Intermediaries) and implement the EBRD's Environmental and Social Procedures for Active Equity Investments. The Fund should ensure investee companies comply with national environmental, occupational health and safety, social and labour standards.
The Fund will be required submit annual environmental and social reports to the Bank.
Albert Alsina Gonzales, Managing Partner and CEO
Riva y Garcia Gestion
Diputación 246 principal
Tel: +34 638 415 779
For business opportunities or procurement, contact the client company.
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Tel: +44 20 7338 7168
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