19-02-2020. Malta. Mediterrania Capital Partners, the Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces that it has been granted an AIFM (Alternative Investment Fund Manager) Licence under the Directive 2011/61/EU by the MFSA (Malta Financial Services Authority).
Thanks to its AIFM Licence, Mediterrania Capital Partners is now legally allowed to manage Investment Funds in any country across the European Union. Alongside the EU’s AIFM Licence, Mediterrania Capital Partners has also received a Spanish “Passport” under which it can manage and commercialise its investment funds in Spain.
The Directive 2011/61/EU on Alternative Investment Fund Managers specifies several requirements for Fund Managers applying for a Licence. These requirements are intended to cater for an internal market for AIFMs and provide a harmonised and stringent regulatory and supervisory framework for the activities of all AIFMs within the European Union.
Established in Malta in 2013, Mediterrania Capital Partners has always advocated clear and strong governance within all its group companies, funds and portfolio companies. Since it began operations, the Private Equity firm has conducted its business and investments under strict governance processes that ensure lasting foundations, financial transparency and governance best practices across all its related companies.
Albert Alsina, Mediterrania Capital Partners’ Founder and CEO, said: “We are very pleased to have been granted the EU’s AIFM Licence by the MFSA. Now we can expand Mediterrania Capital’s scope with new investors and continue to support entrepreneurs in Africa, creating value and having a positive impact across the continent through our investments.”