Fund vehicle
Amethis MENA Fund I
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
- Partner Researchers, accessed 14 November 2026