Mediterrania Capital Fund II

Location:

Regional

Project number:

45159

Business sector:

Equity funds

Notice type:

Private

Environmental category:

FI

Approval date:

17 Sep 2013

Status:

Signed

PSD disclosed:

09 Aug 2013

Project Description

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.

Transition Impact

The EBRD’s investment in the Fund will:

  1. Facilitate the development of the private equity asset class in Morocco and Tunisia;
  2. Provide much needed long term financing for SMEs in these countries while transferring knowledge and skills to their management; and
  3. Set the standards of corporate governance and business conduct for local SMEs and the private equity industry.

The Client

MC II will be managed by Mediterrania Capital Partners (“MCP”), a licensed company based in Malta and regulated by the MFSA.

EBRD Finance

Up to €20 million.

Project Cost

The Fund’s target size is €120 million.

Environmental Impact

Categorised FI.

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.

Technical Cooperation

None.

Company Contact

Albert Alsina Gonzales, Managing Partner and CEO

Riva y Garcia Gestion
Diputación 246 principal
08007 Barcelona
Spain

Tel: +34 638 415 779
Email: aalsina@rivaygarcia.com

 

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

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