LP proposes $40m investment in SPE Capital Partners fund
The European Bank for Reconstruction and Development (EBRD) has disclosed a proposed $40 million investment in the SPE PEF III fund, managed by SPE Capital Partners.
The fund will seek to make equity and equity-related investments in mid-cap companies primarily in Egypt, Morocco and Tunisia, with the objective of achieving long-term capital growth.
SPE PEF III has a target size of $350 million.
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