Mediterrania Capital IV Mid-Cap
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Mediterrania Capital IV Mid-Cap L.P. (MC IV) is a generalist private equity fund with a target fund size of EUR 350m, currently being raised by Mediterrania Capital Partners (MCP). MC IV will target majority and significant minority investments in Mid-Cap corporates operating primarily in North-Africa, with some allocation to Francophone Sub-Saharan Africa.
What is our funding objective?
Through providing growth capital to Mid-Cap corporates in its target region, MC IV aims to partner with management teams to support them with scaling existing operations and further institutionalization.
Why do we fund this investment?
This investment fits FMO’s strategy of deepening relationships with existing partners in the African private equity landscape, and contributes to improving access to finance for Mid-Cap corporates operating in North- and Sub-Saharan Africa.
What is the Environmental and Social categorization rationale?
The E&S categorization of the Fund is A, based on the pipeline and on the Fund Manager’s strategy. The Manager has established a functioning E&S management system with no material gaps with FMO’s requirements. Proper ESG policies and procedures are in place and well embedded in the investment process (e.g., clear E&S due diligence process, external ESG audits against IFC Performance Standards on portfolio companies, clear roles and responsibilities in the team, KPI’s on ESG and even a policy on ESG related to their exits). MCP has demonstrated a proven commitment towards achieving positive climate impact through developing a climate strategy and will support investees to better assess, manage and monitor climate risks. Expected risks are limited to PS1 (ESIA, ESMS); PS2 (H&S, HR incl. decent work) and PS3 (environmental pollution and RE ), and to a lesser extent to PS4.
Sub investments
Disclaimer
This data is updated annually so some investments might no longer be in FMO’s portfolio, while some newer investments may not yet be shown.
| Name | Country | Region | Sector |
|---|---|---|---|
| Laprophan S.A. | Morocco | AFRICA | Diverse Sectors |
- Website customer/investment
- https://www.mcapitalp.com/
- Region
- Africa
- Country
- Africa
- Sector
- Infrastructure, Manufacturing and Services
- Publication date
- 11/14/2022
- Effective date
- 3/31/2023
- Total FMO financing
- EUR 25.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A