Maghreb Private Equity Fund III

Maghreb Private Equity Fund III (MPEF III) is a EUR 96.5m fund providing growth capital in the range of EUR 8m-10m to SMEs with the potential to become regional players in the Maghreb region (Tunisia, Algeria and Morocco), and opportunistically in Egypt, Libya and some European countries (SIFEM received an opt-out for Libya and Europe). SIFEM committed EUR 7m to the fund.

Having invested in MPEF III’s predecessor funds, Tuninvest International Ltd. (TIL), Maghreb Private Equity I (MPEF I), Maghreb Private Equity II (MPEF II) and Africinvest II, SIFEM has a long and successful relationship with the Fund Manager Tuninvest, who is one of the most seasoned and reputable fund managers in the region.  Notably, SIFEM’s investment in MPEF III comes at a time where strong signals of continued support are critical for sustainable economic development in the countries of the MENA region.