Amethis Investment Fund Closes USD 121 Mn Second Fund

Amethis Investment Fund Manager S.A., an investment fund manager dedicated to long-term responsible investing across the African continent, and Edmond de Rothschild Private Equity, have announced the final close of Amethis MENA Fund II (AMF II) on target at €120 million (USD 121.82 Mn).

AMF II is the second fund of the Amethis franchise focused on the MENA region, its fifth fund in total, and targets majority and minority investments ranging from €5-15 million (USD 5.08- 15.23 Mn) in fast-growing small-to-medium-sized (SMS) enterprises in Morocco, Egypt, Tunisia, and Jordan.