Apr 26 2012
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Tunisia's Fidelium launches 2 growth capital private equity funds
The first private equity fund is Fidelium Performance - a TND 50 million fund - is still in its fund raising stage. It will invest in SMEs across Tunisia and would become the only fund mainly dedicated to growth and development in the country. The fund will invest in its target companies via common shares or preferred non-voting investment certificates, equity securities, convertible bonds and equity shares.
The second fund, Fidelium Essor II, is a TND 20 million investment vehicle which will be dedicated to some regional development zones. It will invest in SMEs in order to promote local development and stimulate growth in peripheral and rural areas of Tunisia.
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