Fund vehicle

IMG Fund I

Compiled from public sources

IMG Fund I is a generalist, lower-mid-cap private equity vehicle launched and managed by IMG Capital. Domiciled in Morocco and regulated by the Moroccan Capital Market Authority (AMMC), the fund targets growth equity, strategic consolidation, and cross-border expansion placements in domestic small and medium enterprises (SMEs) and lower-mid-market platforms. The vehicle actively screens for family-owned setups undergoing generational leadership transitions or corporate restructurings, prioritising structural minority or control stakes where active operating value can be injected. Sectorally, its generalist mandate targets highly defensive sectors including healthcare, fast-moving consumer goods (FMCG), digital infrastructure, financial services, education, and integrated transport/logistics platforms. Geographically, its investment parameters are strictly focused on companies originating in or expanding from Morocco.

Manager

IMG Capital

Vintage

2026

Strategy

Private Equity

Target size

$162m

Size

$120m

Status

Active