Mediterrania Capital Partners fund reaches final close
Mediterrania Capital Partners has announced the final close of its fourth fund at €600 million.
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Africa-focused private equity firm Mediterrania Capital Partners has announced the final close of its fourth fund, Mediterrania Capital IV Mid Cap (MC IV), at €600 million.
A 10-year closed-end fund, MC IV targets SMEs and mid-cap businesses across North and West Africa, with selective investments in the broader pan-African region. With a strategy focused on acquiring substantial minority or majority stakes – several in a pre-IPO environment – MC IV aims to back companies with solid market positioning and strong potential to scale regionally and continent-wide.
Albert Alsina, founder and CEO of Mediterrania Capital Partners, commented: “The successful final close of MC IV underlines our limited partners’ ongoing commitment to the African continent and their confidence in our ability to generate significant long-term value. With over 75% of the fund set to be deployed within less than four years, we see abundant opportunities to support outstanding companies that are transforming their industries across Africa.”
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