Fund vehicle

Amethis MENA Fund II

Compiled from public sources

Amethis MENA Fund II S.C.A., SICAV-RAIF is a closed-ended growth equity and buyout fund dedicated to small and medium-sized enterprises (SMEs) and mid-caps across the Middle East and North Africa (MENA) region, with a primary concentration in Morocco, Egypt, Tunisia, and Jordan. Managed by Luxembourg-regulated Amethis Investment Fund Manager S.A. in partnership with Edmond de Rothschild Private Equity, the fund succeeds AMF I (formerly CNAV II) as Amethis’ second dedicated SME vehicle in North Africa and fifth fund overall. AMF II targets majority and significant minority equity investments in fast-growing, family-owned businesses and mid-market champions requiring growth capital, operational transformation, governance modernisation, and succession planning support. Target sectors span business services, consumer goods, healthcare, education, technology, specialised manufacturing, and clean infrastructure. Launched in 2021 with a first close of €85 million ($101 million), the vehicle reached its final closed target of €120 million in August 2022.

Manager

Amethis Investment Fund Manager S.A.

Vintage

2021

Strategy

Private Equity

Target size

$120m

Size

$120m

Status

Closed