Fund vehicle

Amethis MENA Fund I

Compiled from public sources

Amethis MENA Fund I (AMF I) is a €75 million private equity fund dedicated to supporting high-potential small and medium-sized enterprises (SMEs) across the Middle East and North Africa (MENA) region. Originally a third-party fund (CNAV II) that Amethis integrated into its platform in 2018, the vehicle focuses on providing growth capital to family-owned businesses and entrepreneurs. The fund typically targets significant minority stakes in companies operating in consumer-driven sectors that benefit from the region's demographic dividend and urbanisation. Its primary geographic focus includes Morocco and Tunisia, with selective exposure to other North African markets. AMF I acts as an active partner, helping local businesses institutionalise their governance and expand their regional footprints.

Manager
Amethis Investment Fund Manager S.A.
Vintage
2013
Strategy
Private Equity
Target size
$91m
Size
$91m
Status
Closed

Disclosed limited partners

Sources

  1. Partner Researchers, accessed 14 November 2026