Mediterrania Capital Fund II raises $132.9 mln

27-07-2015; PE HUB
Mediterrania Capital Partners said Monday that its second growth fund for North Africa closed at its target of 120 million Euros (US$132.9 mln). Mediterrania Capital II will seek growth opportunities in the Maghreb region – Morocco, Algeria and Tunisia, with potential expansion into Africa Sub-Saharan countries. Fund II will invests in small and mid-market companies with an equity value in the €25 million to €400 million range.