16 Sep 2017 Ezdehar Egypt Mid-Cap Fund’s Investor Base Expands
Ezdehar Management (“Ezdehar”), an Egypt-based Investment Management firm, announces that its inaugural Ezdehar Egypt Mid-Cap Fund has reached USD 84 million in commitments.
The European Investment Bank (“EIB”), The European Bank for Reconstruction and Development (“EBRD”), and the Sawiris Family are the fund’s cornerstone investors together with the CDC Group PLC, the Dutch Development Bank (“FMO”), and several Egyptian High Net-worth Individuals.
The Egypt Mid-Cap Fund is a USD 100 million investment vehicle mandated to invest in mid-cap enterprises in the fast moving consumer goods, consumer retail, healthcare, education, basic materials, and industrial manufacturing. The Fund is launched and managed by Ezdehar Management, a Cairo-based investment management firm led by Dr. Emad Barsoum, a seasoned executive and private equity professional along with a number of highly qualified professionals with international and local experience.