Expansion Capital - North Africa

This core business manages more than �150 million on behalf of well-known French and foreign investors. The investment teams are based in Paris, Casablanca, Cairo and Tunis, and are currently investing via the SGAM AI Kantara Fund, which was raised in 2007.

Investment strategy
Examples of investments made
Contacts

Investment strategy

Expansion capital / capital transmission transactions involving medium-sized companies in the Maghreb countries (Morocco, Algeria and Tunisia) and in the Mashreq countries (Egypt, Lebanon and Jordan);
Working as an active shareholder, either individually or alongside other investors, with company managers to assist with their growth and development plans;
Individual equity holdings of between �5 million and �15 million.

Examples of investments made

Ophalia Pharma � A Tunisian company specialised in the production and export of generic medicaments (www.opaliapharma.com)
Emteyco � A Moroccan company specialised in the manufacture of metal masts for electricity and telecommunication networks.
Oksa � A Moroccan electronics company specialised in optimising the performance of medium- and low-voltage electricity networks (www.oksamaroc.com)

Contacts

Contact Paris

Fabrice Callet - Managing Partner (Emerging Markets Group)
11 years experience in private equity
Tel: +33 1 76 37 88 11
Email: fabrice.callet@amundi.com

Andrew Brown - Chief Investment Officer, Partner (North Africa)
12 years experience in private equity in emerging countries (Africa).
Tel: +33 (0) 15637 2308
Email: andrew.brown@amundi.com