Fund vehicle
Avanz Manara Fund
Avanz Manara is an investment holding company and private capital vehicle structured under the oversight of the Financial Regulatory Authority (FRA) of Egypt. Managed by Avanz Capital Egypt, its core objective is to support the growth and expansion of small and medium-sized enterprises (SMEs) in Egypt, while assisting local banking institutions in fulfilling the Central Bank of Egypt’s mandatory financing thresholds for SMEs. The vehicle operates with a flexible multi-strategy approach, utilizing a hybrid structure that combines a "Fund of Funds" model with direct investments. It deploys capital by making direct co-investments into high-growth SMEs, acquiring positions through secondary private market channels, and anchoring local venture capital and private equity funds. Its target sector scope covers technology-led logistics, B2B services, e-commerce infrastructure, and generalist SME growth plays within Egypt, with select geographic linkages to broader North and Sub-Saharan African networks.
- Manager
- Avanz Capital Egypt
- Vintage
- 2022
- Strategy
- Private Equity
- Target size
- $109.7m
- Size
- $49.6m
- Status
- Active
Disclosed limited partners
Sources
- Partner Researchers, accessed 14 November 2026