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MPEF II

The Maghreb Private Equity Fund II (MPEF II) is a generalist private equity fund investing in the Maghreb region. MPEF II was launched in 2006 with SIFEM acting as one of the anchor investors alongside Averroes Finance, BIO, CDC Group, EIB, IFC and Proparco.

MPEF II

The Maghreb Private Equity Fund II (MPEF II) is a generalist private equity fund investing in the Maghreb region. MPEF II was launched in 2006 with SIFEM acting as one of the anchor investors alongside Averroes Finance, BIO, CDC Group, EIB, IFC and Proparco.

About the fund


MPEF II invests primarily in Morocco and Tunisia and opportunistically in Algeria. The investment size is typically EUR 2.0 – 7.0 million. MPEF II strategy is to take active minority or majority positions in companies, usually with representation on their board of directors and other appropriate means. MPEF II targets industries such as manufacturing and agribusiness, pharmaceuticals, technology and telecommunications, distribution and retailing, transportation and financial services. Its focus is on middle-market family businesses in need of professionalisation and succession planning to grow into regional players. Another tenet of MPEF II strategy is to partner with foreign companies seeking to enter the region. The objective is to exit investments within four to seven years through initial public offerings, strategic sales and management buy-outs.

MPEF II is managed by Tuninvest Finance Group (TFG), a leading private equity house in North and Sub-Saharan Africa, active since 1994. TFG manages the multiple funds covering North, Central and West Africa, and is the co-founder of the African Venture Capital Association.

Investments by the fund

             
Date Name Country Industry Status
2008 Company 1 Tunisia Insurance Active
2008 Company 2 Tunisia Communications Active
Reference code
2006-06
Status
Active
Date of commmitment
June 2006
Date of exit
-
SIFEM commitment
EUR
6,000,000
Asset class
Private Equity
Investment strategy
Investment through Fund
Fund manager
Tuninvest Finance Group